C9F trade ideas
RectangleNeutral pattern until trendline is broken.
Horizontal trading channel with the top trendline being resistance and the bottom is support.
5 candles touched or came close support at last low.
Targets for a break to the downside are over the rectangle, with target 1 in larger type. Target 2 in smaller type if target 1 is passed.
The same for targets for a break to the upside and are over the rectangle.
No recommendation//Be safe, Laura
CMG - Trade setupWe got another pretty solid setup on CMG. If we can break this support there is a nice pot of gold at the end of the rainbow. Not a cheap option play, but also makes a lot of money. This could bounce here and retest, so put this one on your watch list and set alarm so you don't forget it.
CMG Chipotle Supply And Demand Analysis-Price reacting off of weekly Demand
-Price reacting off of tested 4x times supply.
price has gone deeper and deeper into
daily supply so not many sell orders left as
price needs to search higher and higher
for the next stack of sellers.
-I'm long biased and like looking for buys if
price pulls back into demand or breaks out.
Chipolte -I can't say I ever ate here... I may be in a minority with that but I think I may love their stock. If this can push up a little... just a little more.... Take a step back like you should with every stock and realize what is going on. Can you spot it? If you can't, time to pick up some books and do some homework. This will be nothing less than amazing, with patience. PS Tradingview has amazing tools that make it so you don't need a calculator. Look to the left on your desktop and select price range... ruler... lots of good things on their toolbar.
Nice pop on earnings - short livedIts going to be turn around time for CMG sooner than later. Don't forget to lock in the profits. The re-test (not chartered) was expected. Don't forget to put your stop just in case it wants that little bit more but after that, its time to head on down................... RIP CMG.