Chipotle shares is likely to continue its bullish bias throughout the year reaching a price target of 2500 by the end of this year. Support is seen between 2000 and 2050 however if CMG stock price falls below a zone between 1970 and 2000, it would be a signal of more downside risk.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.