Chipotle $CMG Key Price Levels

After a huge price surge from $600 to $760, Chipotle (CMG) shares retraced to a critical “Make or Break” daily and weekly chart trade planning level.
From there, shares are compressing into a clearly defined support and resistance range.
Let’s update these levels and note the price pathways going forward for this high-flying stock:

A lengthy positive momentum divergence preceded the bullish breakout and immense surge higher in July.
From there, price stalled above the $730 prior high, retracing (reversing) down against $760 per share.
From there, price fell all the way to the critical $690 and $700 per share retracement target. (more)