NYSE:CMG   CHIPOTLE MEXICAN GRILL INC
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Usually this bullish pattern appears in downtrend of which the price clearly has been last few weeks. However, this may finally give bulls the chance they needed to believe the worst is behind but don't get trapped in a complete smugness here which could be a short covering rally. If markets remain uptick and close the year strong so will this stock recovery towards $614 area but down the road the chance we will see below $500 remains very strong. Our long position has given us 7.16% gain in a few sessions and good to take profit right at and around $580 or monitor closely. Real-time alerts go www.2waytrading.com

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