GREGGS: Back to the 200 Day EMA?
- This stock has recovered from the lows and now presents us with a multiple inside bar formation that also includes a Bullish pin bar
- Our bias is Bullish and should the formation break to the upside we will enter a long trade with an initial target around the 1725 area or close to the 200 Day MA
- Longer term target would be the previous event area at the 1900 price level.
- Our bias is Bullish and should the formation break to the upside we will enter a long trade with an initial target around the 1725 area or close to the 200 Day MA
- Longer term target would be the previous event area at the 1900 price level.
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