Chipotle Mexican Grill CMG options ahead of earningsLooking at the Chipotle Mexican Grill CMG options chain today, i would buy the $1200 puts with
2022-9-16 expiration date for about
$36.42 premium.
Looking forward to read your opinion about it.
Cmglong
CMG - 13.50% Potential Profit - Ascending TriangleAscending triangle formed after a 9-month monster rally followed by a correction period. Price seems to have graduated from its uncertainty and ready to keep that rally going.
Support held strong in the past two weeks and I feel that the risk/reward ratio is excellent on this trade. Positive vaccine news could act as a catalyst.
- Target Entry $1406.15
- Target Stop Loss $1384.94
- Target Exit $1598.50
About me
- P/L: Oct-Nov-Dec Trading Suspended | September +49.18% | August: +232.32% | No Trades without Analysis
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss
CMG (2H) / Bullish Elliottwave CountAlthough, we see this poor channeling again, hard to believe this isn't an impulse (slope, extensions, 2x)... Another stock to watch.
Alex Vieira on Chipotle Strong-Buy since $380 Reduces Stake $900Alex Vieira on Chipotle Strong-Buy since $380 Reduces Stake $900
Stock Market Legend Chipotle Forecast a Dream Comes TrueChipotle 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
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
Chipotle is My Life on Jeffrey Gundlach Bearish OutlookJeffrey Gundlach announced a bear market on December the 15th, 2018 after the crash! It's time to buy stocks the moment he turns bearish.
Swing LowChipotle at swing low in downtrend channel. Expecting a move up to the 465-470 area near the 20DMA
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
CMG (Chipotle) Buying Opportunity78.6 Fibonacci level
area of previous consolidation (buying)
Sell of shares at gap fill for easy 7-10% gain
