As we described in a previous article a short term downtrend has been formed in the Greek stock exchange. In the last four days the general index is consolidating near 1150 points and it is creating the right environment for a breakdown (see chart below). In combination with the line of the downtrend, we have […]Read More
Posts tagged "Greek stock exchange"
At least relatively to bank stocks in the Greek stock exchange the prior downtrend that has been developing from November 2012, shows clear signs of reversal. As we can see in the charts of the three basic Greek bank stocks we have at least two higher consecutive lows (A,C) and two higher consecutive highs (B,D). These […]Read More