nmike

CHIPOTLE MEXICAN GRILL monthly

BATS:CMG   CHIPOTLE MEXICAN GRILL INC
312 9 4
shorting or put buying opportunity in CMG             ,read notes on chart
Excellent work Mike :)
Reply
...thanks Algo,and keep up your good work
Reply
Re: CMG. I think selling short against the HIGHEST MONTHLY LOW (April's) should provide a low-risk entry level. Notice that is also where there are 4-months of trading action (March, April, May, June) which should represent excellent supply and resistance to price advances. The target could be down around $360, just above the red-dashed line you have labeled. That price represents the low of the last 6 months and a natural level for bottom fishers to come in or short sellers to cover positions.
Reply
agreed Tim, thanks
Reply
I meant to short this yesterday and certainly would be covering had I done so. Nice teamwork :-) Cheers. Tim
Reply
Agreed.
Reply
Agreed.
Reply
Agreed.
Reply
yeah, definitely buying puts IF closing below 10 month SMA and Stoch in Red area
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out