Trade It: $CMG Hammers On Major Breakout Level

AnnabelleTrader

AnnabelleTrader

New Member
#1
#1
Chipotle Mexican Grill, Inc. (NYSE:CMG) has rallied back up into a resistance level which has kept the stock from breaking higher for since July 2016. Shares of Chipotle have hit this resistance trend line five previous times. Pro traders and investors are watching closely to see if this is the time it breaks out. If it does, there is huge upside to $500. Note the stock chart below for a visual.



Stock investors look for Chipotle Mexican Grill breakout
 

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HigherHighs

New Member
#2
#2
AnnabelleTrader said:
Chipotle Mexican Grill, Inc. (NYSE:CMG) has rallied back up into a resistance level which has kept the stock from breaking higher for since July 2016. Shares of Chipotle have hit this resistance trend line five previous times. Pro traders and investors are watching closely to see if this is the time it breaks out. If it does, there is huge upside to $500. Note the stock chart below for a visual.



Stock investors look for Chipotle Mexican Grill breakout
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What's your latest take on CMG?
 
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