MCD's has consolidated nicely right along its recent all time high set months ago at $231.91 and is doing so off of consecutive higher highs and higher lows on significant time frames. On the monthly, we also see that McDonalds is putting in a bullish engulfing candle. There are still a few weeks left in the month, but with the price already being in blue sky...
...but it's a little pricey. Not for everyone. Target price is $1,350.35 technicals are looking decent here imo. Let's see what happens here. I do love this ticker NYSE:CMG
I WOULD GO LONG OVER 1200. TRADE IDEA: 1210C LOTTO *CMG OPTIONS HAVE WIDE SPREADS.
Chipotle has broken out of a bull flag and is now retesting. I'd like to ladder some longs starting at $1130 all the way down to $1118. Stop loss just a bit under recent low around $1099. Price target $1200
CMG I WOULD GO LONG OVER 1132 TRADE IDEA: 1150C SPREADS ARE WIDE. SO IT'S KINDA DIFFICULT TO TRADE OPTIONS ON THIS ONE.
$CMG is launching a new breakout. The volume was above the average yesterday. There might be a pull back to test $1087 before it continues to rise 12 months Consensus Price Target: $898,19 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own knowledge. Thx
Chipotle Mexican Grill Trading Plan. Chipotle Mexican Grill, Inc., often known simply as Chipotle, is an American chain of fast casual restaurants in the United States, United Kingdom, Canada, Germany, and France, specializing in tacos and Mission-style burritos. Disclaimer: We are not registered or licensed in any jurisdiction whatsoever to provide investing...
NYSE:CMG A day after an earnings beat, Chipotle decides to veer off course. It falls right out of the channel its been creating since November of last year. With a pretty good earnings report and projected first quarter of 2020, there is definitely room to grow. Strong revenue, more locations, and changes in their menu will keep this stock flying in 2020. It's...
Market Legend Who Called Chipotle Best Rally Ever Sold All!
Alex Vieira on Chipotle Strong-Buy since $380 Reduces Stake $900
Shorting this baby because: 1. Hammer candlestick on daily 2. Triangle forming with two red candles already 3. Price touching upper Bollinger Band 4. TD Sequential is at count #9. One of the next two candles will be a TD count #1 This is like a ripe avocado about to fall and get smashed into a nice little side of guac. I say "little" because the reward on the...
NYSE:CMG The head and shoulders is one of the most powerful trend reversal patterns. If you add that it happens in companies that respect our parameters to enter and in which we like to further invest, and in this case also eat ;) then the only thing to do is to enter Long and ride the trend until the price action tells us to get out and wait for a new...
Chipotle named number one stock to invest in early 2019 soared to $870 price target announced last year confirming share price to be GROSSLY UNDERVALUED Chipotle upgraded to Strong Buy for the first time at $56
CMG stock took a bad turn with its last-minute reversal, which unfortunately went below the critical level of 842 it took the edge off the bullish sentiment. It's now difficult to say if it'll break out above, as it missed the previous high of September 9th. The Heikin Ashi candle on the 'weekly' is still bullish and so are many other indicators, so I would...
CMG broke out above it's 'diamond' formation, labeling it officially a diamond continuance (and not a reversal ). 9 out of 10 indicators confirm the stock to be bullish towards 900 post earnings, 950'ish by end of this month, and the 1000 mark can be broken by the end of this year. I did use some old-school tricks to get higher precision trend-lines, so I've...
Here's a rather rare find. There's another spot for a 'weekly' candle within the diamond, and on the next one we should know for certain in which direction it'll go. Diamonds tend to 'reverse' more often than they do an upward 'continuance'. In CMG's case the candles reach higher at the top but close lower, thereby suggesting a downward bias. In addition, the main...