CMG showing power from Pennant Long

Chipotle Mexican Grill, Inc.NYSE

Description

⋅ Jan 23, 2015 7:39 PM

A hot momentum stock, is showing a short term pennant breakout opportunity. We are at a nice buying point right now (the .786). The pattern may flounder but the upside targets (provided by Fibonacci analysis):
T1: 736.51
T2: 747.38

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