Chipotle - Still beaten and beaten again
This stock continues diving though with less momentum than during the first dive sequence. You may think about some shorting on this stock until it reaches the 400 level that I consider as a psychological boundary where fear must be reassessed. The 4H chart with Ichimoku is for sure bearish. There are no real signs of a strong reversal so far.
Trade closed: target reached
Comment:
And there are other E.Coli cases older than the initial outbreak, real or hoax?