Idea about what's going on with GREK. It obviusly went down because of the head and shoulders but will it bounce back to ATH levels or dump with Europe crash in some months?
Based on latest economic stats, it looks like Greece is in recovery mode, according to The Wall Street Journal.
* blogs.barrons.com
* stockcharts.com
Disclosure: I bought today
My 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...
