Jump to content

Greggs: the awesome power of a vegan butty

Recommended Posts

On ‎05‎/‎11‎/‎2019 at 09:31, elle said:

there was a lot of interest in this one between Mid Feb & Mid May, those holders must still be there, so they may take some shaking out. 1700 must hold for them. I think they'll hold on for a while, unless there's some sort of market shock


Capture grg.PNG

  • Like 1
Link to comment
3 hours ago, dmedin said:

Nice chart from IG ...


Hey @dmedin,

Is that on the cash or forward chart for Greggs? I've tried to replicate the same layout on my phone and desktop but it's not showing that issue you're having. If it's on your desktop as part of your layout, can you remove the chart then re-add it and see if it's still not working. 

Let me know


Link to comment
  • 2 weeks later...

The entire FTSE 250 is boosted by a stronger pound, so I doubt the wisdom of picking out individual stocks (a rising tide lifts all boats).  Then again it's cheaper to get leverage on Greggs than the entire FTSE 250 index.  But yes, buy and hold.  Only way to avoid these horrible 'sudden swings'.  Or buy call options, if you can.

Edited by dmedin
Link to comment
  • 3 weeks later...

Apropos of which, I must stop in by a Greggs at some point and try one of these.  I wonder if meat substitutes have any of the good things about meat (protein, vitamins and other essential minerals)?  If not, then what's the point - except for the purposes of virtue-signalling? 🤨



The spread on Greggs is still really big (16 seems to be the minimum, so if you want to SB on Greggs you pay IG £16 for the privilege - you pay less in commission if you just buy the shares outright) and it costs too much to bet on the FTSE 250.  It ain't great :(


Link to comment

I'm very undecided when I look at charts for shares.  It seems like the only way to trade is to put in a nice big stop (usually beneath large/gapping up green candles) and leave it to run it course (future-dated contract).  I can't see any other sensible way of doing it, considering short-term gaps and in this case the astronomical spread.  Even then it might just be better to buy some of the shares for real, where they are relatively cheap.



Link to comment
  • 2 weeks later...

Will it fall back to one of these (possible incorrect because I drew them) support levels and present a good opportunity to buy back in? 🤔🥩  2120 would be ideal as you can see there was heavy buying up to that level, so it will probably hold up at that point.


Edited by dmedin
Link to comment
  • 2 weeks later...

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • image.png

  • Posts

    • In the wake of a brewing conflict between the Nigerian government and Binance, cryptocurrency enthusiasts find themselves on edge, uncertain about the future of their digital investments. Rumors abound that Binance, along with other platforms, might be exacerbating the Naira's devaluation against the dollar, prompting the government to take a hard stance against the exchange. Despite longstanding allegations of wrongdoing, recent events have propelled the government to escalate its actions. The situation has escalated dramatically, with Binance's P2P platform disabled and a staggering $10 billion fine imposed for alleged illegal activities. This punitive measure, coupled with last year's $4.3 billion fine by the SEC, underscores the gravity of the situation. However, skepticism lingers regarding the astronomical sum demanded by the Nigerian government. While Binance has faced regulatory challenges in other jurisdictions, its resilience and market dominance have largely endured. Yet, the potential ramifications of losing access to a key crypto market like Nigeria cannot be ignored. Complicating matters further, the Nigerian House of Representatives has summoned Binance CEO Richard Teng, issuing a seven-day ultimatum for him to address allegations of terrorist financing and money laundering, among other charges. This development casts a shadow over the future prospects of Binance in the country. Amidst the uncertainty surrounding Binance's operations in Nigeria, users are scrambling to identify alternative platforms. While other centralized exchanges (CEX) remain operational within the country, the pressing question remains: which platform will emerge as the most dependable alternative should the situation worsen? https://punchng.com/reps-summon-binance-boss-over-alleged-terrorism-financing/
    • 2024 has been a good year for crypto traders with signs of a bullish market prevailing. For the first time in 3 years, we are witnessing BTC set a new ATH repeatedly. If you endured the prolonged bear market of the previous years, you deserve these gigantic green candles! In addition to BTC's incredible run, several alts have broken out nicely; Ai, memecoin, GameFi projects and so on have spiked. Most notably in the month of February is the run of CEX tokens. According to Foresight News, centralized exchange tokens boast of a widespread price spike in February, based on data from ICO Analytics. Standing tall amongst many is BGB with 62% increase, while ASD, BNB, and KCS witnessed gains of 45%, 33%, and 22% respectively. As a BGB holder myself who’s been holding since June 2023 at an average price of $0.45, it’s been an incredible journey. I’ve witnessed it smash its ATH over again, the latest coming in February when BGB set a new ATH of $1.15. Aside the juicy ROI, BGB usecases have been a flex for me, granting me access to exclusive events, like Launchpads where I’ve also managed mouth-watering gains from my participations. BNB had a remarkable run in the last bull cycle, sadly I missed out having sold mine for peanuts. If you said I’m stoked to right my wrong with BGB this time, you wouldn’t be far from the truth!  Which CEX token(s) are you keenly observing?
    • Look at the transaction log to see why, Most of the time it's because your stop loss is set too close. 
  • Create New...