The Greek Deal.com
ATHENS STOCK EXCHANGE
Stop to the five-day downward streak today
"The Athens Stock Exchange put a stop to the five-day downward streak today (29/10), as buyers regained the "reins," allowing the General Index to return above the 200-day moving average (1,396 points) and 1,400 points.
Counterattack of banks with gains up to +3%
The Athens Stock Exchange has a significant reaction today (29/10), with buyers returning to the "reins", putting a temporary end to the five-day dominance of sellers.
Weekly dip -3,6%
The current week on the Athens Stock Exchange could be described as disastrous, with the General Index completing five consecutive negative sessions and falling below 1,400 points (2.5 months low).
Trying to avoid the loss of critical 1,400 points
The Athens Stock Exchange is "playing" in the area of 1,400 points, which is trying to avoid the loss of critical supports, after the four-day downward series.
Downward 4x4 with new bank losses of 1.4%
The Athens Stock Exchange completed its 4th consecutive downward session today (24/10), with banks putting a "stop" on the return of buyers.
Sellers seem to persist
The supports of 1,400 points on the Athens Stock Exchange are in immediate danger, as sellers seem to persist for the 4th consecutive day, despite the morning effort of buyers.
Buyers not ready to take risks
The critical supports of 1,400 points on the Athens Stock Exchange remain at risk, as buyers do not appear willing to convincingly reverse the negative picture of the last few days.
3rd consecutive drop, new pressure on banks
The Athens Stock Exchange completed the third consecutive downward session, with sellers leading the General Index close to the critical supports of 1,400 points.
No positive reaction yet
With no strength to make a positive reaction after the rather unexpected mini sell-off, Athens Avenue appears to be on the decline and banks continue further down.
First reaction after yesterday's shock
The Athens Stock Exchange is showing small gains in today's session, with buyers showing a first reaction after yesterday's extensive losses.
Worst day since August
The Athens Stock Exchange suffered its worst losses since the mini crash of August today (22/10), with the banking sector's retraction bringing back to the fore the supports of 1,400 points.