$CMG - RC -
Added 2024-05-18 18:34:56 +0000 UTCSpeaking about Chipotle, Ackman has just reduced his holding here and we can see why,
Very clearly in an aggressive Wave 5 now and routing fast to its 1.618 Fib at $3666 (omen)
I would be surprised to see $CMG go any further without needing a corrective pull back to the amber Fib levels as shown.
When Wave 5 completes, we can add in the ABC pull back.
Comments
Massive growth here. 300 new restaurants due to open as It expands.
Lyndon Richards
2024-05-19 11:23:04 +0000 UTCNo diarrhea factory stonks for me
Shaleen Deep
2024-05-18 18:36:18 +0000 UTC
