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 […]
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Possible long in ORCL
One of the best strategies that I use is looking for stocks that in the context of an upward market they are visiting a trendline or horizontal support after a downward correction. A possible candidate for the initiation of a long position is Oracle (ORCL). As it is obvious from the daily chart below a […]
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