Greggs plc
Long

Once every 2 years Opportunity!

253
The price has been respecting a bullish weekly trendline since 2013. On average, the price was touching and rejecting the trendline every 2.2 years since 2013. Following rejection it took the stock approx 1.75 years to reach an averaged gain of 160%. Now we are at that opportunity again and there's high potential for a rejection and continuation. In the next 1.5 years it's highly probable to reach a conservative gain of 70% from where the stock currently sits at.

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