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FLAGS AND PENNANTS | April 11, 2019
Trading Flags
Chipotle Mexican Grill, Inc. (CMG) has been on a tear recently. Its share price has surged over 42% since its reversal on December 26, 2018. On January 25, 2019, the rapid rise in its share price slowed and CMG proceeded to form a flag. This short article is about the predictive qualities of flags.
by Stella Osoba, CMT
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