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GREK

GREK monthly - on something - 11/30/2016November is ending and GREK is able to meaningfully close above 10 month MA the very first time since mid 2014. It made a higher low last month, and its trading volume began to pick up. MACD is positive. RSI still needs improvement (like to see it goes above 45). Also want to see it making a higher high (close above $8.41 monthly). For risk takers, now might be a time to buy some with a stop at previous low ($7.18), and add more if it closes above previous high ($8.41).
AMEX:GREK
by CosmicDust
Greece ready to continue back upMy Elliott Count for the Greece ETF is looking ready for an upcoming bull run. I count us near the end of a wave ii, in an extended wave 3. As all us EW chartists know, this is an ideal spot for entering long, or buying call options. However, Here is a BEARISH scenario, where A=C and we are just starting the wave down.... This appears to be in sync with the National Bank of Greece (NBG) in which I have been closely following, here is a chart of that: Would love to hear from other Elliott wave chartists,
AMEX:GREKLong
by Nathanael
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