GT Advanced Technologies
National Bank of GreeceNational Bank of Greece ( NBG) is a Greece-based financial institution. It offers a range of integrated financial services, including corporate and investment banking, retail banking, leasing, stock brokerage, asset management and venture capital, insurance, real estate and consulting services. This stock is trading up 5.7% to $1.65 in recent trading. Today's Range: $1.61-$1.67 52-Week Range: $1.12-$5.80 Volume: 682,000 Three-Month Average Volume: 1.2 million From a technical perspective, NBG is bouncing hard here right off its 50-day moving average of $1.57 with decent volume. This is the second time that NBG has tested its 50-day moving average and held it over the past month. This spike is quickly pushing NBG within range of taking out its next major overhead resistance levels at $1.72 to $1.75. Traders should now look for long-biased trades once NBG manages to clear $1.72 to $1.75 with high volume. Look for a sustained move or close above those levels with volume that hits near or above 1,185,500 shares. Keep in mind you can also get long this stock off weakness and anticipate that breakout, as long as it holds some key near-term support levels at $1.57 to $1.51. If that breakout triggers soon, then look for NBG to re-test or possibly take out its next major overhead resistance levels at $1.98 to $2.26 in the near future. To see more stocks under-$10 that are making notable moves higher today, check out the Stocks Under-$10 Moving Higher portfolio on Stockpickr. -- Written by Roberto Pedone in Winderemere, Fla.
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