Chipotle Mexican Grill, Inc.
Updated

CMG in the abyss?

214
Please no further step Forward!
CMG should not trade below 400$ (last valid "2") . If that happens, the technical TP could be 280$ ("3") . Prices above 470$ will brighten the Chart. A fast move to 540$ could follow.
The zone between These 2 Levels ( 400-470) seems to be neutral -here is no Action needed.

In my Chart i have illustrated the thinkable shortposition /Stoppsell @ 400$, SL 470$, TP 300/ 280$.

Good luck
Trade active
The illustrated fictive trade is active now
Note
now or never :-9 snapshot

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