ATHEX – The technical image of the General Index

The negative sign of the General Index at -0.30% does not reflect the picture on the board, because the behavior of most stocks, especially indexes indicates a resistance to – anyway few – liquidations locally, despite the fact that it remained on negative ground throughout the session.

The General Index, therefore, maintained its buying nature from the area of ​​892 units, with the goal of also remaining in the area of ​​950 units.

This acquires greater value as a continuation of the medium-term uptrend which is kept alive in a highly fertile environment for super-profits in the Stock Exchange.

The stop is limited below 890 units at the end of the day, while a possible access of 910 at the end of the hour strengthens the current signal.

Finally, the spread of liquidity on the board continued, as of the total 47 million euros traded, half went smoothly to 8 securities with a daily turnover of 2 to 3 million euros.