For a company that was recently hit with a fine of more than $1bn, HSBC looks in pretty rude health on its price chart, says Zak Mir at www.zaks-ta.com
The overall message here is that so long as there is no end-of-day close back below the floor of the blue 50-hourly moving average at 709p, the share should head for the top of its rising trend channel at 760p by the end of February.
