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CMG Technical Base With Strong Follow-Up On Friday

Long
Chipotle Mexican Grill, Inc. (NYSE:CMG)  
gorillacharts  
NYSE:CMG   Chipotle Mexican Grill, Inc.
chipotle CMG BASE minibase tradelong tradeidea reversal
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chipotle cmg base minibase tradelong tradeidea reversal
We stick to our view, expressed on Thursday, when CMG cleared a small base and the 50day moving average at $405. I see next bigger resistance at $443, where the stock could clear an even bigger base. We are observing long-term reversal action with potentially more upside. Stay tuned!

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CMG - Chipotle Clearing a Base
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