CMG trade ideas
CMG btdNYSE:CMG big wedge and near all time high. today looks like a good day to buy the dip. should see 770 pretty soon. if it breaks above, 800+
[Long] CMG bull flag backtestRecent breakout of a larger bull flag has resulted in a consolidating bull flag above it. It also somewhat backtests the larger bull flag.
Small long with two 750/760 call spreads. If the market continues to move strongly and CMG bursts above 760 it should be about a 3-4x gain.
$CMG possible megaphone topHello!
Possible megaphone top here on the daily $CMG chart... This chart has soooooo many gaps to fill. should be interesting to see how it plays out! GL
CMG: Don't fight this and be on submissionNothing bothers this name...no China trade...no int rate cut/no cut.
This is on a mission and should get closer to 800 (not quite but...). Wish there were shorts in this name.
Chipotle Mexican Grill, Inc. (CMG) 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
CMG - Trade setupI love this support line.. if it breaks next support is the 100MA on the daily chart.. Good, real good money to be made here..
CMG Flag BreakoutCMG has been consolidating with a flag range, it has now tested the upward resistance at $721 four times. I'm playing for a breakout to the old highs at $745-750 range. All the moving averages are now curling up under, which is what you want to see on a potential breakout. Looking for 4-5% profit. Entered at $714.
$CMG Mexican Kingwhos ballzy enough to short dis, bear div appearing on 4hr + daily
for bulls, pray its an ascending triangle forming
Bigger pictures, a decline here would set up for a strong double top on the larger timeframe (2015 ATH)
