CMG Is Oversold, But Here Is The Support Level That Will Make Money
Submitted by inthemoneystocks on 04/30/2014 11:35 -0500
As you all know, earnings season is underway. There have been many leading stocks that have come under severe selling pressure after reporting earnings. The leading restaurant stock Chipotle Mexican Grill, Inc. (CMG) is one of the market leading stocks that sold off after reporting earnings. In fact, the stock topped out on March 21, 2014 at $622.90 a share. Today, CMG stocks is trading around the $490.00 level. Recently, the company cited higher food prices as a problem. Chipotle Mexican Grill Inc uses non-GMO (Genetically modified food) foods in most of its food items for sale and these food products are certainly more expensive. ...Continue reading here: http://bit.ly/1heaG4h
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