CMG ending the 5th leg of 5 waves Short

NYSE:CMG1M

Chipotle Mexican Grill, Inc.NYSE

Description

⋅ Aug 26, 2019 9:18 PM

CMG ending the 5th leg of 5 waves
How fast can it get to $250, time will tell. My guess 3-6 months.

Comment

⋅ Oct 25, 2019 11:25 PM

looks good on the way down, weekly chart confirmed it this week.

Trade closed: target reached

⋅ Mar 19, 2020 10:30 PM

Not 250 yet, but good for now.

Comments

LittleCash

⋅ Sep 27, 2019 4:51 PM

IMHO. Previous 5 wave up, which ended August 5, 2015, got corrected down to $250 or so. This current wave with ended August 1, 2019 started from $250 too. So, the corrections may not be any different.

yamarane

⋅ Sep 27, 2019 3:03 PM

250$, why do you think it will go down that much!!