View of The Day: 13 Hutchison Whampoa

Now it's no. 13's turn. 13 Hutchison Whampoa closed at $ 52.05, down 1.4%, on Friday (14 May). It is about time that we wait for a nice rebound.

Let's pick a couple of Calls: 20667 Nomura and 21185 Societe Generale.

Personally I prefer 20667 given it's longer expiration date, having considered other factors.

The strategy for me is to see if price can come down closer to the lower band (Bollinger's). If not, and RSI is not supportive of a buy, then I will not go in.