National Bank of Greece ADR (July 23)

The NBG ADR needs to move above its 100-day SMA (now @ $1.26) as this level has provided resistance several times in the last 2 years (see chart). The bank’s recapitalization needs are not helping the reversal from record lows scenario.

NBG (1 year, 9 months)

nbg

Chart: Stockcharts.com

Please read the Disclaimer!