mnnnnb

Greggs - Hold on to your sausages, this is going to be a ride!

Long
LSE:GRG   GREGGS PLC ORD 2P
As always - no guarantee.

Daily chart pattern looks amazing here for some dip buys / long-term investment. Outside bollinger bands / low RSI - Daily looks like a potential pivot candle today, will have confirmation next week.

I'm buying small dips as the price continues to drop.

They had a bad set of financials driven by poor decision making during lock down and the model of Greggs needs to change a bit of retail estate/corporate offices - all fixable.

Also, need to post this as I'm trying to save my favourite sausage rolls here! :)

Comments

Quick update: Friday didn't end as a Pivot so watch closely. I think it was impacted by market pull back with further lock downs. One to watch still for a rebound this week, aiming Tuesday/Wednesday.
+1 Reply
My entry point was 1,200 - hope someone joined me!
Reply
Good signs this morning! :)
Reply
Good pivot candle now formed today - been climbing most of today.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out