National Bank of Greece ADR (fka NBGGY)

[Ramiel]

There should be major resistance between $1.85-$2.05 but once these are broken and tested as support, NBG will get past $3.00, then NBG becomes margin eligible. Once over $6.00, then 100% margin eligible. Currently 200 MA on weekly is $11.74. I fully expect to trade at the 200 MA weekly some time later this year or early 2016. It'll be around $8.00-$9.00 range. Hopefully 2-3 years from now, NBG gets to the high teens to mid twenties. We'll see what happens but that's my optimistic point of view. I love the risk/reward potential w/ NBG. Especially the amount of capital you can "safely" put into it. Just my 2 cents. GLTA