As of now technicals are confirming a potential ab=cd that could be formed in NBG over the next few days if the bottom support range of 1~1.23 held providing an excellent 3.88 risk reward.
Some upcoming catalyst:
-Greece reform plans (April 8~9)
-NBG quarterly earnings. 4/2/2015?
I think it is quite unlikely that Greece will be leaving Eurozone (yet).
Even if that does happen, I expect short term decline in NBG with a even larger potential chance of recovery in the future. This is a level that I'll accumulate more positions for 5 years or so.
Some upcoming catalyst:
-Greece reform plans (April 8~9)
-NBG quarterly earnings. 4/2/2015?
I think it is quite unlikely that Greece will be leaving Eurozone (yet).
Even if that does happen, I expect short term decline in NBG with a even larger potential chance of recovery in the future. This is a level that I'll accumulate more positions for 5 years or so.