C1MG34 trade ideas
End this madness! What is Wall street thinking?Somebody needs to end this madness? This is what maximums charting is all about!
This is going to Put a nail on TA debate once and for all.
TA says, sell and short this insane valuation!
This chart is litaritly telling what to DO!
ER are comming, on FEB 6, and if TA is right, it will drop CMG like a tank!
Whomever keeps buying up this stock above 500 is mad, or am i crazy?
Every expert is saying we are going to see $600! Seriously, what are they thinking? Are they not seeing the same chart as i am?
Checkout MACD, and RSI on this thing on daily. IT is screaming DROP, even the last few days are low volume, all eyes on ER.
Good luck everyone ;)
**LEGENDS**
BLUE = Bear/Resistance
Yellow = Bull/ Support
~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
If you want your coin to be analyzed, JUST ask.
If you got a question, ASK away!
And please keep those Stop losses in place!
Fractal dates are moments of interest, where price and time collide to create oscillation - vertical lines!
Thank you,
Ajion
too fast, too farGoing close to parabolic because Jerome Powell said the Fed will be "patient"? Gotta short just based on principle here at the top of the downward channel...
$CMG INSIDE DAYCOILED PRETTY GOOD HERE GONNA WAIT ON PRICE ACTION TO DECIDE DIRECTION- LOOKING FOR A BREAK THROUGH RANGES ON A BREAK UP OR DOWN GIVEN A REVERSAL PATTERN ON THE 15 OR 30 MIN
Someone educate mePlease explain the Chipotle valuation with a straight face. Doing some quick googles.. 120 burritos per hour, 1,320 burritos a day sold out of 2245 location nation wide. Approximately, $13k daily in gross profit. The profit margin on a burrito I imagine can't be more than 5 dollars. Net profit of 6.6kish daily? 2.4ish mil net yearly on the menu item of a burrito per location.
Operating cost of 200ish million? Net income 172 million? Seems like some locations aren't pulling their weight?
Ready for the kicker?.. Market Capitalization 13.2 Billion.
I believe this Chipotle ticker is one of the leading edges of the asset bubble..
$CMG SELL SETUPChipotle bearish, as the market has been very weak Chipotle has been range bound, play the range until we have a breakout.
Scalper - CMG - 15m chart - Oct 19, 2018Based on my proprietary indicator (in testing mode):
Long
Entry on green arrow
Exit on red arrow or stop loss or target hit
Short
Vice versa
Scalper - CMG - 15m chart - Oct 18, 2018Based on my proprietary indicator (in testing mode):
Long
Entry on green arrow
Exit on red arrow or stop loss or target hit
Short
Vice versa
Scalper - CMG - 15m chart - Oct 17, 2018Based on my proprietary indicator:
Long
Entry on green arrow
Exit on red arrow or stop loss or target hit
Short
Vice versa
Swing LowChipotle at swing low in downtrend channel. Expecting a move up to the 465-470 area near the 20DMA
CMG CUP WITH HANDLE BREAKOUTCMG CUP WITH HANDLE BREAKOUT on weekly chart, pull back finished at end of Aug, 2018, Long opportiniry.
CMG long swing Bullish swing for me. Hammer reversal last Friday with continuation today off of the lower channel support
