CMG Chipotle long term viewCMG Chipotle long term view.
It will be a winner.
Please watch the video for details.
Thanks
5.76BRL
5.97 BBRL
47.99 BBRL
1.36 B
About Chipotle Mexican Grill, Inc.
Sector
Industry
CEO
Scott Boatwright
Website
Headquarters
Newport Beach
Founded
1993
ISIN
BRC1MGBDR003
FIGI
BBG00RK9LLB6
Chipotle Mexican Grill, Inc. engages in the business of developing and operating restaurants that serve a relevant menu of burritos, burrito bowls, quesadillas, tacos, and salads made using fresh, high-quality ingredients. The company was founded by Steve Ells in 1993 and is headquartered in Newport Beach, CA.
Chipotle Long term View Chipotle is on a long term bullish trend and while in there wait pull backs on supports to add to current positions or either start new ones.
$CMG Ready to Add a Quick 8%?
NYSE:CMG has quite a few technical indications that it is getting ready to make a measured move to around $63 a share. Longer term $70 seems to be an area where this upcoming move may encounter quite a bit of resistance.
See the chart for notes. I am looking at this as being a “W” pattern and wh
CMG looks bullish now It's above all moving averages and FibFun
This is what I found in most bullish and bearish retracements , once you get 100% retracement of up or down move then next level is normally 1.618. If it retrace up to 50% after 100% then it's even more bullish, if it goes under 50% after 100% then it's su
CMG - Tempting to go long but .... CMG looks tight here, sharp move upside to 60s can be soon. But hesitant to go heavy on this name. I see a possibility this is a B wave and followed by a C wave.
anyways, I've a small position for a swing trade from low 50s
Target 1 - 61
Target 2 - 64
Stop loss - 52, move up with the stock
CMG could be in accumulation phaseChipotle Mexican Grill, Inc recently announced that his CEO will join Starbucks, is this shift concerns investors? We can analyze what happened with the stock by looking at the price/volume.
What we see is a clear markdown, followed by PS (Preliminary Support), SC (Selling Climax), AR (Automatic Ra
Chipotle (CMG): Correction Creates 20-30% Upside PotentialChipotle (CMG) stock has recently dropped from its peak of $56.92, breaking below its previous quarterly low and showing a decline in short-term momentum. This decline suggests that the stock has lost some of the gains it accumulated since 2023. Historically, CMG has faced significant declines, rang
CMG: very long working patternHello,
Look at this pattern in CMG, this is a good pattern to follow.
Next support is at $47, it always bounced from there, will it bounce again? Mostly yes.
Let's see.
Happy trading NYSE:CMG
$CMGNot financial advice.
NYSE:CMG working in a correction A,B,C, will bounce soon before another leg down.
Thanks.
$CMG top in?As you can see on the weekly chart, we had a deviation above resistance and now look to be closing below it. Typically, that's an extremely bearish pattern.
Since the covid low, we've largely seen Chipotle go straight up and now I think we're about to see it go straight down.
Ichi also showing exh
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