#Swing #tradeidea Clean breakout potential - RSI looking Juicy😍ER in FebLongby SwingingForwardPublished 3
$CMG Setting up a BreakoutPotential double bottom on $CMG is forming. Pattern entry is not until a break of the green line on the chart but early entries can be taken on the break of the down sloping trend line (blue on the chart).Longby TaPlotPublished 2
CMG TightCMG is getting super tight. I feel like i am constantly using that work "tight", but thats what I am always looking for in up trends. After a consolidation a move will happen. If its in the direction I have anticipated, I will make a measurement to see if it fits my risk profile. If the risk fits I will take a position. I do not have a 50% batting average. Most traders dont. So I always anticipate that my stop will be hit. No matter what, if my stop is hit, I am out. Longby SwanFrenchPublished 0
Chipotle completing a double bottom with volatility contractionChipotle is heading out of a double bottom with a buy point at 1366.66. The volatility contraction makes for a nice tight 10d ATR (x2.7) stop of 5.86%. Earnings and sales are starting to recover (still a ways to go). Analysts have been upgrading price targets to ~1500. Buy Point: 1366.66 Stop Loss: 1286.57 Position Size: R17.06 by drewby4321Published 1
CMG: Double TopDouble Top Pros: Descending volume during formation RS flat but above 0 R/R ratio above 5 ATR flat Cons: PPS above 50MA and 200MA 200MA ascending 250RSI above 50 If confirmed: PT = 1015.76$Shortby LeLafPublished 1
Shorting opportunity in ChipotleIn 2020, Chipotle paid a record high fine in the food industry of $25 Million to settle criminal charges because of microbial contamination in its food, yet illnessness persist. www.morningstar.com Short at the confirmed/retested break of the massive double top neckline. Close partial shorts/profit at targets iindicated (fib retracement). Risk to new highs. Maybe there'll be more room for news that bleeds (or poops) after post-election drama settles down. Hopefully the next presidential administration will take food safety more seriously and impose harsher penalties. Meanwhile, wash your frickin' hands !Shortby grahvityPublished 0
CMG earnings 10/21 after hours possible epic dropChipotle is currently trading at an egregious 149 P/E! How is a restaurant, in this COVID economy, trading at such an obnoxious valuation? It’s not like this is a ZOOM or TSLA. Lol. To put this in context, MCD P/E = 36, YUM P/E = 29. Something is out of whack. Also, CMG is trading at $200+ over it’s 1 year trend line for no apparent logical reason? Good luck and happy trading friends...Shortby Options360Updated 223
$CMG posting a disappointing earningsThe PEAD is projecting a neutral outlook for $CMG after it missed its earnings estimate, the price is currently trading below the lower boundary of the PEAD cone.by EPSMomentumPublished 0
CMGCMG EARNINGS ARE ON WEDNESDAY AFTER CLOSE. THERE IS A 94 POINT MOVE PRICED IN. I WOULD GO LONG OVER 1360. LOTTO TRADE IDEA: 1400C BID/ASK: 23.10/24.00by KevinBurrowsPublished 2
CMG bullish entryWhat a week. This is a nice one to jump into. Higher price but this thing can move.Longby The_Level_TwoPublished 2
Bull FlagBroke out from a cup and handle many dollars ago Don't you wish you were there? LOL There is no telling how high this stock will go She can do no wrong. Can a stock go up and up and up? Remains to be seen..looking like this one will NV is still out the roof! Not a recommendationLongby lauraleaUpdated 1
CMG signaled near it's high......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 Longby abow1007Updated 2
Chipotle Mexican Grill Probes Old HighsChipotle Mexican Grill has been a slow-and-steady gainer in 2020. It was already investing in its online model before the pandemic, and that decision paid off handsomely as the country went into lockdown mode. CMG formed a bullish triangle in July and early August. It then broke out and surged to new all-time highs near $1,400 before rolling over with the rest of the market. This has brought CMG back to the top of the old triangle around $1,190 and its 50-day simple moving average (SMA). The shares may chop around and even potentially test $1,100ish if the S&P 500 keeps struggling. However, that might provide opportunities for buyers. CMG has one of the cleaner charts because it broke out to new highs recently without getting too overbought (like many technology names). It’s also interesting fundamentally, with the potential to benefit from either coronavirus returning or abating. Traders may want to watch it between $1,100 and $1,200, depending on their take of the broader market. TradeStation is a pioneer in the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more.Longby TradeStationPublished 5
chipotle will go down further i thinkit should go down more it lost the 1300 support. i dont see a reason why it could re gain that resistance nowShortby TodopoderosoPublished 1
Chipotle the new Tesla20$+ per meal 36K shares Balance Sheet Like Apple seems really similar to Yearn FinanceLongby NocturnalityUpdated 4
CMG: A beautiful short setupCMG has achieved upside targets and should be ready to correct lower. Initial target is the 61.8% retracement.Shortby torquioPublished 0