Technical Trades
Technical Analysis applied to Stocks and Futures.

CMG

Wallstrip; I’m addicted already :-)

I just watched yesterday’s review of CMG where some light-hearted fun is had at a Chipotle Mexican Grill Inc. store, interviewing a couple of staff who ended up having a burrito speed rolling competition.

The technicals of CMG are great! Although it is approaching monthly price resistances, the daily and weekly patterns support a bullish bias. I also really like the gap up on volume recently, and the band target. It looks like it’s done a 1,2 and due a 3 now. Stop on bias under the gap.

CMG.gifCMG - Candle All_1d 2006-10-19 200854.GIF

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