Nathanael
Long

Double Bottom / End of wave B in Corrective Flat

NYSE:NBG   NATIONAL BK GREECE S A
I have been wrong many times before with NBG             , so who knows.

But i really feel strong about this chart. Heavily oversold on the RSI , and we have a double bottom of what looks like a pretty clear corrective flat.

Another signal of a bottom is the large volume spike we had yesterday, and we have retraced 100% of wave A.

In Elliott terms, an alternative could be an irregular flat (which means we could technically go a little bit lower then wave A) but I dont think that will happen because of the reasons stated above.

I think this is a great time to go long for the long run.
Target 6.00 by the end of the year.
can you update your charts pls? thx!
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oops i put that caption with wave A in twice, my mistake
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