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.
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.