$CMG Long Swing Trade Chipotle Mexican Grill, Inc.NYSE:CMGHunterMorrisPros -Major pullback from highs: -40% from ATH. -Technical confluence at support: Top of 2020–2024 range, weekly 200MA, and weekly volume POC. -Gap magnet above: July 22 gap to $50.76 (+21% from here) with intermediate target $45–47 (+8–9%). -Strong fundamentals: YOY revenue and gross profit growth consistently +20–30%. -Brand moat: Loyal customer base, pricing power, consistent product quality. -Innovation: Ongoing AI & robotics investment in meal prep. Supports margin expansion over time. -Post-split price appeal: Lower nominal price post 50:1 split may draw in retail on recovery. Risks -Valuation still stretched: P/E of 38 even after a large correction. Leaves room for further multiple compression. -Macro headwinds: If consumer spending slows, fast-casual dining could see softer traffic. -Gap risk to the downside: A decisive break below $40 could trigger selling toward $35–37. -High expectations baked in: Growth slowdown could cause outsized downside. Entry Zone: Current levels ($43–44) Targets: -TP1 (Conservative): $46–47 → +8–9% -TP2 (Aggressive): $50–51 → +18–21% (gap-fill / daily POC target) Stop Loss: -$41–40 → Below key support confluence (old range top, weekly 200MA). -Close below $40 = setup invalidated. Timeframe: -Swing trade → Expectation of move playing out over several weeks to a few months. Notes: -Trim partial position at TP1 to lock gains, let rest ride toward TP2. -If price fails to reclaim $44 within the next few sessions, reassess — could indicate sellers still in control. -P/E still high. Not a value play.