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JustinLev

CMG - Bull Trap

Short
Chipotle Mexican Grill, Inc. (NYSE:CMG)  
JustinLev Updated   
NYSE:CMG   Chipotle Mexican Grill, Inc.
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
Based off the previous two cycles, CMG will try to test 1350 before pulling back all the way to 1200. MACD still indicates clear bearish cross over in 4hr chart. Good short or put opportunity. Stop loss 1350.
Comment:
Opened dps 1250/1247.50 1/8/21
Comment:
Broke out. New post updated.
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