General Index of Greece Stock Exchange ( .ATG)

General Index of Greece Stock Exchange 

#ATG Following the strong bounce into the  Mid Term consolidation, possible the index is going to hit the resistance R2 at 666,95 units as calculating by latest daily Pivot Point at 631,90 units. Index continuous to move sideways trend in the Mid Term  time horizon and only, if the index breaks the second resistance ( R2-666,95 units) and closes above it, we will have a breakout of the Midterm sideways trend

  Bullish Scenario: A sustained move over 662 units  will indicate the presence of buyers and the previews high at 672 is the first target and second 698 till 710 units

Bearish Scenario: A sustained move under 630 units will signal the presence of sellers and the first target is detected at 720 units and second 590 units.
This is the last potential support before the Mid Term Trend changes.

 (This is not a recommendation, it is only my opinion)

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VASSILIS ARGIROPOULOS
INVESTMENT / FINANCE CONSULTANT
SENIOR PORTFOLIO STRATEGIST
Certified Technical Quantitative Analyst
Tel : GR +30 6944895870 , UK +44 7963 309936
Emails: info@itamfinance.com & Vassilis.argiropoulos@yahoo.com
Disclaimer:
Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor’s reliance on or use of this report. This report is for information purposes only and is neither a solicitation to buy nor an offer to sell securities


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