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Sublime_Trading
13 de Ago. de 2019 13:04

Greggs Experiencing A Deep Pullback 

GREGGS ORD GBP0.02LSE

Descripción

Last post: July 28th 2019. See chart.

Review: Price was trending up nicely and was above the 50 simple moving average.

Update: Since then price has moved down through the 50 simple moving average and is heading towards the £20 round number.

Conclusion: We need to see if any support levels will hold price and help it reverse back to the upside. Otherwise, we may still see further moves to the downside.

Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!

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