Chipotle Mexican Grill, Inc.
Pembelian

Chipotle - Anticipating a double bottom

125
I love chipotle, both the stock and the sauce, never ate in a chipotle restaurant unfortunately. The weekly chart shows a possible double bottom, possible because the impulse is still red. The Force Index shows a panic back in January, and right now we are retesting the panic prices.

Going on to the daily chart, a close above 397.70$ will be a confirmation to put on a trade, however small, until the weekly impulse turns blue. No close above this level, no trade. As for targets, I will want to take profits at value on the weekly, which fits with the 61.8% retracement on the daily. Soft stop below the swing low.

Pernyataan Penyangkalan

Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.