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Trade It: $CMG Hammers On Major Breakout Level



This article is published in collaboration with Scutify, where you can find real-time markets and stock commentary from Robert Marcin, Cody Willard and others. Download the Scutify iOS App, the Scutify Android App or visit

Chipotle Mexican Grill, Inc. (NYSE:CMG) has rallied back up into a resistance level which has kept the stock from breaking higher for since July 2016. Shares of Chipotle have hit this resistance trend line five previous times. Pro traders and investors are watching closely to see if this is the time it breaks out. If it does, there is huge upside to $500. Note the stock chart below for a visual.

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Stock investors look for Chipotle Mexican Grill breakout

This article was written by Anna B for on .

This article published in collaboration with Scutify, the best app for traders and investors. Download the Scutify iOS App, the Scutify Android App or visit

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