CMG, Chipotle Mexican Grill update

CMG feb 23 2016

We suggested a sell at about $600 and were wrong by $150 but that changed rather quickly. Deutsche Bank has a sell on this stock. We either have a completed 5 wave sequence down followed by an a-b- correction, or we have only completed waves 1 and 3 down and are now in 4. Either way there is a lot more to go.