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ivanwolfgang
Aug 3, 2021 7:50 PM

Long CMG Long

Chipotle Mexican Grill, Inc.NYSE

Description

Target zone in green, CMG do your thing!

Using Pivot Points and Fibonacci extension to pull out reference levels. 2023 not only looks like an outside fib target, but also corresponds with last weeks R4 level. I like this and can see it happening especially if we can see a CMG analyst upgrade sometime this week.
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