Nearest Support: $1.20
Catalyst: Fitch Upgrade >>5 Stocks Insiders Love Right Now First up is National Bank of Greece ( NBG), a stock that's up more than 14% as I write today after ratings firm Fitch upgraded it and a number of other Greek banks. NBG is approaching nearly three-times its normal trading volume midway through this afternoon. While the upgrade is promising from a fundamental standpoint, investors looking to dip a toe in NBG should think again: this stock is supremely volatile and fraught with headline risk right now. NBG's chart is insane -- the $2 billion banking stock looks like a microcap in the middle of a pump and dump campaign right now. At this point, National Bank of Greece is plowing its way to new multi-month highs, but there's still considerable selling pressure in the mid-$2 range. With support far below NBG's current print, I'd recommend all but the most nimble traders avoid this name altogether right now.