Greece's markets are finally open after being shut down for a month. Naturally, early trade saw panic from those rushing to get out and it's a bloodbath with Athens down over 20% earlier this morning.
Is this panic an opportunity?
It might be. Looking at the Greece ETF GREK, we see very little volume(selling) on this last flush lower. Also note momentum has stabilized. We can trade this long vs last week's low area and 11 looks to be a target magnet.
Trade 'em well!
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