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CMG - Chipotle Clearing a Base

Long
Chipotle Mexican Grill, Inc. (NYSE:CMG)  
gorillacharts Updated   
NYSE:CMG   Chipotle Mexican Grill, Inc.
CMG chipotle mexicangrill longidea trade swing Bullish Patterns IDEA
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cmg chipotle mexicangrill longidea trade swing bullish idea
CMG is back after finding a very good floor at 385. Stock is clearing a base and also taking out the 50day moving average. Upside into 444 seen.
Comment:
CMG testing the 100day moving average. Efforts in March, May and July have failed at the 100day moving average. The last close above it dates back to October 2015. Hence a close above $422.50 would be another positive, adding to the overall reversal case.

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