shecantrade91

CMG Trade To Trade But First Wait

Pembelian
NYSE:CMG   Chipotle Mexican Grill, Inc.
I do think there is an opportunity to look for a long trade in CMG, has been a great trade for me week after week lately but this week it doesn't look like a trade...yet. Rather than getting in now and watching this one move lower, I am patiently waiting to see if price will hold above 683. With price now sitting around 684 the 60 minute chart looks promising but has not yet shown a trigger. I think a trader would be prudent to wait for cmg to close today above 683 before an entry to the long side. Buying a call, debit spread or put credit spread look like options.

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.