The new year is in and it appears that the goat market was selling off at the end of the year mainly for tax reasons. Once the calendar year changed within a few trading session the market reversed strongly with leadership from the two big stars of 2013 (HTO GA, PPC GA) together with financials and especially ALPHA GA and TPEIR GA.
The break out on the FTASE happened on 08/01/14 and could extend all the way to 449 although it appears that 436 is resistance.
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One of the names I watch closely as I have mentioned before is ALPHA GA (the Ftase cant break to new highs without at least help from the financials). I see that this move could extend up to 0.744 best case scenario.
If you follow me on twitter (@Ch2Christo) you must have noticed that I regularly posted on two smaller names SOLK GA
and INLOT GA
That did quite good and perhaps there is some upside potential still.
Well I know that his is not much but I really have no more to add.
HAVE A GREAT YEAR ALL!!!
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