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Analysis: #NYSE $CMG

Case 250 #Chipotle Mexican Grill Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#CMG 1/4
Chart 1
Weekly Chart: Strong buying interest continues to be around 500-400 levels, price has recovered nicely since the large decline seen in March. A monthly close of 827 followed by a close above #trendline #resistance at 878.00 will then .....

CMG 2/4
..... target 963-966 - the long term objective remains 1133 - 1158. To the downside immediate support is seen at 636 - 554 with the #SMA 200 currently at 514.90.

CMG 3/4
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