I try to keep a very open mind about what levels a stocks can trade to.
I'm sure CMG makes very tasty tacos and burritos. MMmmm tacos and burritos.
I'm not so sure that it deserves to trade at $200 or have a $6 billion market cap. Well there is no denying it is up there so I am happy to trade with the momentum but its time to take profits and look short soon.
1st chart is CMG entry
sell CMG. burp.
1 comment:
I keep reading this and I keep laughing.
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