Monday, 26 March 2012

Greek stocks still consolidating

 Greek stocks look like they are going nowhere. No volume, just a sideways movement. NBG has made no impulsive move upwards while it holds the support in the area of 2,10-25.  Entering at those levels or when volume rises along with the price are my strategy for this stock. I wouldn't be surprised to see prices below 2 but I wouldn't be thrilled about it.
INLOT as mentioned in a previous post has found resistance at 0,75 area and pulled back. It might back test the blue trend channel it escaped or it might move sideways before moving back up.

PS. I would suggest to everyone that follows my blog, should also follow me through twitter because there are comments and charts there that I may not publish here. More detailed intraday comments are also present there. Thanks for your support and I would be grateful for any comment you make about the blog, the charts or the market.


  1. Hi Alex,

    no accounts for this activity in fact (side-occupation), therefore, not possible to follow at the moment (could not take managing accounts for trading too besides main occupation).
    Constantly visiting blog and twitter though.
    NOTE: the twitter widget available in your sidebar keeps us in touch with your tweets even if only at blog.

    Thank you

    (new)PRT reader

    1. Thanks for visiting, any comment regarding the blog or the charts would be greatly appreciated. Thanks again for the support!