Chipotle is heading out of a double bottom with a buy point at 1366.66. The volatility contraction makes for a nice tight 10d ATR (x2.7) stop of 5.86%.
Earnings and sales are starting to recover (still a ways to go). Analysts have been upgrading price targets to ~1500.
Buy Point: 1366.66
Stop Loss: 1286.57
Position Size: R17.06
Earnings and sales are starting to recover (still a ways to go). Analysts have been upgrading price targets to ~1500.
Buy Point: 1366.66
Stop Loss: 1286.57
Position Size: R17.06
Website: drewby.com
Twitter: twitter.com/drewrobbins
All ideas are for information purposes only. I may or may not invest in the stocks discussed. Before investing in any stock, do your research and trade using your rules.
Twitter: twitter.com/drewrobbins
All ideas are for information purposes only. I may or may not invest in the stocks discussed. Before investing in any stock, do your research and trade using your rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Website: drewby.com
Twitter: twitter.com/drewrobbins
All ideas are for information purposes only. I may or may not invest in the stocks discussed. Before investing in any stock, do your research and trade using your rules.
Twitter: twitter.com/drewrobbins
All ideas are for information purposes only. I may or may not invest in the stocks discussed. Before investing in any stock, do your research and trade using your rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.