Peter Reznicek Idea of the week. Perfect bull flag near ATH and weekly breakout possible. Let's see how this plays out.
Refer to the previous chart
big if true. chart is getting exhausted
one of my best returns even though I only have 2 shares. Will likely not get a hit during a recession Consider buying. BLs 679, 647, 596 (may not reach) Hold long-term
Chipotle at swing low in downtrend channel. Expecting a move up to the 465-470 area near the 20DMA
Been an absolute sh1t-show since earnings, and people getting sick! #Diarrhea
78.6 Fibonacci level area of previous consolidation (buying) Sell of shares at gap fill for easy 7-10% gain
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Revenue increased 28.1% to $1.07 billion Comparable restaurant sales increased 17.8% (including 0.6% from recognized revenue previously deferred related to Chiptopia) Restaurant level operating margin increased to 17.7% from 6.8% Net income was $46.1 million, improved from a net loss of $26.4 million Diluted earnings per share was $1.60, improved from a diluted...
Technically speaking Last week the stock was rejected again at the 440 level. The 4th time since July. The 440 level seems to be pretty important. The bottom of the tight range since say June is 385ish. A break below that level and the next demand I see on this monthly chart is say 280-240ish. That is a 30%+ slide, seems steep, but who knows. Fundamentals...
Holiday sales this November for Thanks giving would suck for sure. And also same for X-mas and New Year for Target. TGT TARGET FROM 2015 July high $85 it is slowly trickling down. If you draw a line from that high to 2016 march high you will get a better clear picture. It may not get bankrupt but stock will be in a good position to buy if it breaks 2 support...
If it breaks the temporary green line then go short but stop when it reaches the black support line to recover short.line. www.thestreet.com
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.
We stick to our view, expressed on Thursday, when CMG cleared a small base and the 50day moving average at $405. I see next bigger resistance at $443, where the stock could clear an even bigger base. We are observing long-term reversal action with potentially more upside. Stay tuned!
I'm in around 402 (thanks to greed). Also, expecting it to dip below .78E (retest of new support/old resistance) before returning to a bullish position..Look for a continued 3 wave?
CMG has been accumulated in this zone for an extended period of time, and currently taking off from the uptrend mode. We're long with my signals group from the 405 mark. The stock had very negative sentiment due to a case of food poisoning, but currently, there is no reason for it not to rally from here, to catch up to the likes of JACK, for instance. After...
Looks like Chipotle is continuing the downward rend after hitting the white Sliding Parallel, and continuing to drop.