simonsays452

Don't touch CMG until it tests 472

NYSE:CMG   CHIPOTLE MEXICAN GRILL INC
31 0 0
Sentiment is awful, there's no earnings info for another month, and the chart looks disastrous. Appears like a perfect set-up for a contrarian trade. We're watching Jun 600 calls, but we're not touching them until the stock tests the 470-472 level. With IV at a new 52 week high today, the calls are just too expensive and there's still room for another ~$20 lower in the charts.
Comment: $CMG losses key support at $472. 400 next level.
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out