CHIPOTLE MEXICAN GRILL INC. - $CMG in recovery mode ? - 02/13/2016 (GMT)
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- Chart + Trading signal
- Signal : Buy signal
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- Entry price recommended : 490
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- Stop loss : 432
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- Take profit : 578
- Timeframe : Weekly
CHIPOTLE MEXICAN GRILL INC. Chart
After a strong bearish trend since mid October 2015, $CMG attempt to turn bullish now. This will be confirmed next week by the bullish breakout of the flat Tenkan sen area (495-489).
If this area is broken the first possible Ichimoku target is the Kijun sen at 578
If this area is broken the first possible Ichimoku target is the Kijun sen at 578
This member did not declare if he had a position on this financial instrument or a related financial instrument.
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3 comments on the analysis CHIPOTLE MEXICAN GRILL INC. - Weekly