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albert.callisto

Chipotle - Head and shoulder-like pattern, sell the breakout

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Chipotle Mexican Grill, Inc. (NYSE:CMG)  
albert.callisto  
NYSE:CMG   Chipotle Mexican Grill, Inc.
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The head and shoulders is a bit tilted but it could be the third part of a movement that will bring bears back in the game. Sell the breakout of this range. On Ichimoku side, after a short bullish cloud chunk, we see that a twist with a bearish cloud is coming back. The lagging span did not manage to go through the cloud and the Kijun is now a resistance together with the SSB.
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