National Bank of Greece ADR (fka NBGGY)

[fourdueces]

Doesn't have to go up, have to remember the bears are in control here. 40% short ratio, on chart have two previous descending triangles and after today third one possible, extremely bearish. This needs buying pressure badly. Really hoping the 30min chart holds up and 100day mma crosses 200day mma. That would cause the pressure for sure. Seemed held back on Monday, then today had the overreaction in Athens on the first wave of news, buy the time the 2nd came it was doa. Cause there's no liquidity in Athens Exchange . Has been only handful of stocks that have recovered intreday over there since reopen. Il scan it again and see how many have recovered from a 5% down interday to get even or ahead for the day