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May 1, 2023 2:46 PM

CMG: Reviewing a possible scenario and risk Long

Chipotle Mexican Grill, Inc.NYSE

Description

Chipotle shares is likely to continue its bullish bias throughout the year reaching a price target of 2500 by the end of this year. Support is seen between 2000 and 2050 however if CMG stock price falls below a zone between 1970 and 2000, it would be a signal of more downside risk.

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