Last week was chock full of earnings. There was enough GOOD news to lift the market out of the doldrums, but profit-takers were instead the most active. Some individual stocks perform fantastically and will be the ones to watch going forward. They may leave the rest of the market behind as the major indices get weighed down by some big under-performers. The...
Hello friends. Here's a cautious and humble look at the formerly mighty and unstoppable high volume stock that is appearing to show signs of life again. Thank you for taking a look.
I think CMG will retest the breakout location (325-330 price level) by the end of this week (might happen as soon as today). The reasons are that the current price action mimics the December 4th, 2017 price action, where CMG sold off into the afternoon. Another reason is that the volume is not significant and that there is no positive news catalyst driving the...
Daily price action above EMA20, trend reversal forming: HH, HL, HH, HL
Kind of an expensive stock to mess around with. None the less, solid short
Chipotle has dumped after reccent news. Chart candles are for 1 week. I believe it is sitting a key support zone and fib level, and has a good chance of reversal. This is my first time using Fibonacci levels on a chart. Please feel free to offer comments, criticism, feedback. Cheers and good luck
In terms of fundamental analysis , even the most junior finance department student will suggest to avoid CMG 0.80% stock as its crazy P/E and looks like such a falling knife. While higher risk makes higher return , and it did give a potential long opportunity. In weekly chart, right here is the 0.618 retracement of the rally from 2008, and a daily double bottom...
Here is my estimate entry price point as marked on this chart
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This is a great example of a chart that I would choose to sell an option rather than buy an option. Looking at the historical pattern of this stock, it is sitting in a nice range, so I will look for premium above 490 to sell. Stocks with higher implied volatility paired with weekly options make a great pair to sell options! Read why at www.shecantrade.com
Whenever Chipotle Mexican Grill breaks away from the price of Litecoin USD, you can enter a trade on Chipotle. Only 6% maximum drawdown.
I think CMG has accumulated way too much hype and expectation in the recent run-up, which has caused the stock to rise above a flagging technical indicator. I expect that Earnings coming out Tuesday after market close will either disappoint or will fail to sustain the bull run any further, and that CMG will "revert back to the mean" by forming a significant...
Eyeing up potential short risking the chinese triple of death, 444. Conflicts with long CMG/NDLS trade below
"Chipotle" . Sounds pretty fancy, and that's what they were going for until they served up truckloads of what one should only have to fear when visiting deep in Mexico - and that is the dreaded E. Coli Burrito . When it comes to E. Coli - read and think "human feces". Their training and restaurant standards sucked - AND THEY HAD TWO CEO's, so a lack of...
CMG gapped over trend line.
My analysis should explain it all. Stay tuned! Let's eat!
Looks to me like CMG is finally coming off a long base. Sold 397.5 puts expiring Dec 9th for 5.50 credit.