grahvity

Shorting opportunity in Chipotle

NYSE:CMG   Chipotle Mexican Grill, Inc.
In 2020, Chipotle paid a record high fine in the food industry of $25 Million to settle criminal charges because of microbial contamination in its food, yet illnessness persist. https://www.morningstar.com/news/pr-newswire/20201031cg77712/pritzker-hageman-food-safety-lawyers-file-ecoli-lawsuit-for-client-sickened-after-consuming-food-at-chipotle

Short at the confirmed/retested break of the massive double top neckline. Close partial shorts/profit at targets iindicated (fib retracement). Risk to new highs.

Maybe there'll be more room for news that bleeds (or poops) after post-election drama settles down. Hopefully the next presidential administration will take food safety more seriously and impose harsher penalties.

Meanwhile, wash your frickin' hands!

면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.