The Greek stock market and the significance of the 500 points

The Greek stock market and the significance of the 500 points

For the past two years, I’ve been advising against buying Greek stocks. Now that the General Index is close to 500 points, I can once again discuss investing in the Greek economy.

greece-stock-market

Mind you that the support level CAN fail. It’s just that technical analysis implies there’s a bigger chance that it will hold. And if it does, we can only hope that GI will penetrate the resistance at 1,200.

I’ll monitor the daily chart for a reversal pattern, before pouring money into this.

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