CMG
Swing LowChipotle at swing low in downtrend channel. Expecting a move up to the 465-470 area near the 20DMA
A Trillion Dollar Tailwind As Apple Helps Will the Stock Market It's a celebration! Apple (AAPL) made history by breaking the trillion dollar market. After some delay, the stock market joined the party.
"A Trillion Dollar Tailwind As Apple Helps Will the Stock Market Higher" drduru.com $SPY $QQQ $AAPL #AT40 #T2108 #VIX $CMG $DPZ $MSFT $XLP $CAT $RIO $BHP $X
Sell your CMG, risk against higher high on weeklyCMG: we still in downtrend on weekly. 3 part bull div on daily is probably related to weekly trying to make a higher high (it hasnt yet). This could be a sell opportunity with stop if we break higher high. The target would be the gap fill and weekly volume profile node. Because its a short, on a daily-weekly timescale, and the r:r isnt great, this is not a perfect trade.
$CMG Breaking out of tight consolidation$CMG Breaking out of tight consolidation. See chart for some possible near term targets based on resistance levels.
The Stock Market's Time to Test Buyers' ResolveThe stock market put in a strong week as the bounce from lows and supports continues. Caveats are still glaring like low/declining volume.
The Stock Market's Time to Test Buyers' Resolve drduru.com $SPY $QQQ #VIX $AAPL $AMZN $IWM $BBY $BHP $CMG $XLI $XLV #AT40 #T2108 $DE $ITB $LGIH $MNRO $MTCH $NIB $RIO $X
CMG Daily shooter after earningsInside bar after earnings is one of the inside bar trades that can break the 8ema rule as the earning day may be taken as a whole new start,
which implies strong potential momentum.
CMG had a 25% rally after the earning report to come back to the stage,
and it gave a daily shooter here, I like the long much more than the short though.
Of course, if it breaks to the downside, the room of correction also looks juicy to trade the gap filling,
but I'd rather skip the trade with regards to how it soars to the sky.
That is, if it breaks to the downside first, this trade doesn't exist anymore!
Let's see how it goes!
Stock Market’s Stop Signs Fail to Yield to A Busy Earnings WeekLast 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 Market’s Stop Signs Fail to Yield to A Busy Earnings Week drduru.com $SPY $QQQ $IWM $XLF $XRT #VIX #T2108 #AT40 $AAPL $AMZN $AZO $BA $BBY $CAT $CMG $FB $FSLR $INTC $MMM $MSFT $ORLY $GLD $SLV $DXY $USD $AUDJPY #forex
Subjective + Objective = Best Buddies 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.
Short CMG Because of The Low Volume Breakout + Same As 12/4/2017I 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 spike.
The rationale is that this is simply a technical breakout and CMG will resume the downtrend once the shorts have finished covering today.
CMG fibChipotle 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
Long JACKAlternative to CMG and technically setting up well with recent break of 21d and 50d. See if it can hold horizontal support and break above 80.5.
CMG Potential double bottom, for risk lovers.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 is about to be formed.
My game plan is to wait for the double bottom to be confirmed ( close above 323 on daily chart ),
And put a buy limit at the 0.618 retracement of the neckline breakout.
Let's see how it goes!!
5.23.2017 Trade Idea: CMGIf you are interested in more of our trades, check out our profile and Tradingview Indicator @ChaoticTrader
Selling CMG because of rangeThis 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
Chipotle Mexican Grill / LiteCoin TradingWhenever Chipotle Mexican Grill breaks away from the price of Litecoin USD, you can enter a trade on Chipotle. Only 6% maximum drawdown.
CMG Expectation of Reversion to Mean after Earnings DisappointmeI 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 down-leg returning it to the steady-state zig-zag pattern of matching up-and-down trends.
Chipotle Mar17Eyeing up potential short risking the chinese triple of death, 444.
Conflicts with long CMG/NDLS trade below
