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GREECE
Nov 13, 2013 12:17:29 GMT -5
Post by huh on Nov 13, 2013 12:17:29 GMT -5
Nevermind...that's definitely a log chart you're using.
I wonder if it's simply the zoom levels that make our charts look so different.
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Post by maxi on Nov 13, 2013 12:26:54 GMT -5
Has to get back over that gray line and hold Moving averages on this time scale are now inverted...
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Post by maxi on Nov 14, 2013 8:43:51 GMT -5
Greek NewsIncreased tax inspections and the restructuring of the tax collection mechanism have resulted in public revenues beating their target for the first time after nine months, according to the official data presented on Wednesday by Alternate Finance Minister Christos Staikouras, as in the January-October 2013 period the total figure was 250 million euros more than anticipated.
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GREECE
Nov 15, 2013 11:05:18 GMT -5
Post by huh on Nov 15, 2013 11:05:18 GMT -5
NBG tapping the bottom of that channel now.
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Post by huh on Nov 15, 2013 11:09:18 GMT -5
Here's an updated chart of NBG tapping the bottom of that channel today. Maxi - I looked closely at that channel I've drawn and I think that is the right one. I drew this channel before that 10/22 high, yet that high hit exactly at the top of the channel and then pulled back with a gap down.
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GREECE
Nov 15, 2013 12:10:18 GMT -5
huh likes this
Post by maxi on Nov 15, 2013 12:10:18 GMT -5
If it doesn't break down I will be surprised. But there is NO volume in the entire market so really hard to tell. OTOH all the news is known for now. So this could be it save for a few pennies or so...
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GREECE
Nov 18, 2013 21:55:10 GMT -5
Post by huh on Nov 18, 2013 21:55:10 GMT -5
NBG lost that channel, but I definitely wouldn't play it as a bear flag unless it were to lose that 5.28 support (previously captured FIB) - or maybe a little when it backtests ~5.60, but with a very tight stop.
Definitely wouldn't be long it unless it gets back into that channel though.
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GREECE
Nov 20, 2013 10:53:42 GMT -5
Post by huh on Nov 20, 2013 10:53:42 GMT -5
NBG now backtesting the bottom of that now broken up channel, as well as the 61.8 FIB from the 11/11 high @ 5.64.
Make it or break it here. Hold above 5.64 and it should run. Otherwise a possible short with a 5.64 stop.
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Post by huh on Nov 20, 2013 11:01:35 GMT -5
Here's a close-up of that NBG backtest and the recent FIBs (orange). If it can hold above 5.64, it would go into ST bullish mode. Would expect a gap fill in the 5.80's at a minimum, and perhaps even the 6.30's. Could retrace some from here before going higher, but under 5.37 would confirm the backtest of a large bear flag completed. JMHO
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GREECE
Nov 20, 2013 11:43:11 GMT -5
huh likes this
Post by birthmark on Nov 20, 2013 11:43:11 GMT -5
Still watching this one Huh. Don't have any yet but I think she drops further. Thanks for your charts.
GL
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GREECE
Nov 20, 2013 16:16:20 GMT -5
Post by huh on Nov 20, 2013 16:16:20 GMT -5
Little pullback in NBG, but nothing changed. It's neutral between 5.37 and 5.64 right now (unless playing the ST swings within).
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GREECE
Nov 20, 2013 16:26:11 GMT -5
Post by maxi on Nov 20, 2013 16:26:11 GMT -5
Still watching this one Huh. Don't have any yet but I think she drops further. Thanks for your charts. GL Okay here's my challenge to you.. How much do you think it will "drop further" and why?
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GREECE
Nov 20, 2013 16:41:13 GMT -5
Post by huh on Nov 20, 2013 16:41:13 GMT -5
Still watching this one Huh. Don't have any yet but I think she drops further. Thanks for your charts. GL Okay here's my challenge to you.. How much do you think it will "drop further" and why? Ooh! Ooh! Ooh! [hand in the air]
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GREECE
Nov 20, 2013 16:45:40 GMT -5
huh likes this
Post by maxi on Nov 20, 2013 16:45:40 GMT -5
LOL NOT YOU..... Birthmark! I know what u think, Huh.....
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GREECE
Nov 20, 2013 16:56:29 GMT -5
Post by huh on Nov 20, 2013 16:56:29 GMT -5
Shucks. Us bears never get called on. LOL
(Actually if it were to close back into that channel now I'd finally go full bull on it)
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GREECE
Nov 21, 2013 9:33:44 GMT -5
Post by huh on Nov 21, 2013 9:33:44 GMT -5
Wow. Nice move on NBG. Up more than 4%. Will be watching this one today to see if it holds that channel.
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Post by novie08 on Nov 21, 2013 10:46:47 GMT -5
NBG having nice move today...+3.8% Not sure how I did this, but own 834 shares. Oops Huh, didn't see your post.
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GREECE
Nov 21, 2013 13:52:46 GMT -5
Post by maxi on Nov 21, 2013 13:52:46 GMT -5
SO MY LITTLE CHICKADEES..... ANY KVESTIONS??
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GREECE
Nov 21, 2013 14:01:59 GMT -5
maxi likes this
Post by huh on Nov 21, 2013 14:01:59 GMT -5
Ooh! Ooh! Ooh! [hand in the air]
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GREECE
Nov 21, 2013 14:51:36 GMT -5
Post by birthmark on Nov 21, 2013 14:51:36 GMT -5
Still watching this one Huh. Don't have any yet but I think she drops further. Thanks for your charts. GL Okay here's my challenge to you.. How much do you think it will "drop further" and why? Oh NO YOU DIDNT Maxie!!! I thought it would hit 5.50 when it was 6+ and it did. Went all the way to 5.25 actually. It's having a good day. But let's not get ahead of ourselves I think it drops to 5 (dare I say 4.85? ) All IMO ( a very humble one at that) We have seen this movie before. I don't trust this market (or Greece/Europe) and I don't believe "all is well." But mainly because Hedge Funds have Greece in their sights. And therein lies the trouble. And Maxie my dear, I also said I would like to get NBG in my LT account. And hope to do so. We shall see. GL
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