CMG (Chipotle Mexican Grill) offers an objective long entry following the recent breakout above this steep downtrend line with bullish divergences in place at the recent lows. CMG will be added as an Active Long Trade around current levels with a suggested stop below 308 & a final target at 353.80 as shown on the 60-minute chart below.


The suggested beta-adjustment for this trade is 1.0. Also keep in mind that the suggested stops for trade ideas on Right Side Of The Chart are based off the final target. Those targeting T1 might consider a tighter stop.