Nicholas Santiago
InTheMoneyStocks
Tuesday, August 22, 2017
Chipotle Mexican Grill, Inc.(NYSE:CMG) Is Starting To Look Delicious
As you all know, leading fast food restaurant stock Chipotle Mexican Grill, Inc.(NYSE:CMG) has been steadily declining since August 2015. At that time, the stock traded as high as $758.61 a share. Today, the share price of CMG stock is $306.54. Traders and investors can easily see how far this stock has plunged in just the past two years. Now the stock is almost trading down to a major whole round number at $300.00 a share. Often around major whole round numbers such as this the stock will find support and bounce sharply. This level looks extremely attractive for a long side trade in CMG stock.
