InTheMoney Stocks

Chipotle Mexican Grill, Inc. (CMG) Epic Trend Line To Watch

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Chipotle Mexican Grill             , Inc. (NYSE:CMG) has recently run into an epic trend line that signals a longer term top in the stock. This trend line stretches back to 2007, 2012 and now 2013. Each time this level has been reached, the stock has pull back significantly. A pull back over the next 6 months could yield an easy target of $450.00.

Gareth Soloway
Chief Market Strategist
Additionally, they are cutting back on the amount of avocado they put in the burritos try to seek high margins. But you can only cut back so much before people notice. I have been charting the avocado for some time but it hasn't confirmed yet. Though I'm hoping for a doji or a topping tail.
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