asenski

LONG CMG R:R = 2.15

Long
asenski Updated   
NYSE:CMG   Chipotle Mexican Grill, Inc.
Market looks like it's super bearish, yet we have a good setup here.

Watch the price action and GTFO if it doesn't seem like it's working out, but this seems like a reasonable entry.
Comment:
Looking great! Taking some profits here is not a terrible idea...

Trade closed: target reached:
Almost a perfect trade! Doesn't happen often, so it's very nice to see!


Follow me for some interesting Risk:Reward ideas. I have a purely technical analysis approach. I mainly watch and trade US stocks that have weekly options. This is not an investment advice, do your own due diligence.
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