$CMG
Looking for the gap to fill. Will watch for a bounce @ 941.07
Entry: $941.07
Stop loss $895.45
Limit sell: $1016
Setup is invalidated if it does not bounce. ( watch the 15 min candles for better confirmation)
Gave a 5% stop loss a little below below where i feel support is sitting to avoid being stopped out.
Notes;
Qudoba and Dos Toros are better. ;)
1. CMG is one bad piece of lettuce away from getting rocked....
2. Isnt there a meat shortage? Higher prices, lower margins?
3. The run up seems suspect.
Looking for the gap to fill. Will watch for a bounce @ 941.07
Entry: $941.07
Stop loss $895.45
Limit sell: $1016
Setup is invalidated if it does not bounce. ( watch the 15 min candles for better confirmation)
Gave a 5% stop loss a little below below where i feel support is sitting to avoid being stopped out.
Notes;
Qudoba and Dos Toros are better. ;)
1. CMG is one bad piece of lettuce away from getting rocked....
2. Isnt there a meat shortage? Higher prices, lower margins?
3. The run up seems suspect.