The Traderszone Network

Published in TZ Latest News 13 November, 2014 by The TZ Newswire Staff

Hot Restaurant Stock Chipotle Changes Its Stock Chart Pattern

It’s a good idea to keep watching stock charts on a regular basis. Chart patterns can change over time, so investors have to adjust buy points accordingly. While highlighted as a flat base in late October, Chipotle Mexican Grill’s (CMG) pattern has morphed into a double-bottom formation. The new buy point is 681.90 compared with 698.03 for the flat base.

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