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:
![Chipotle CMG Daily Chart Moving Average Range Price Planning Levels](https://farm1.staticflickr.com/571/21081907992_3912d3657f_b.jpg)
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)
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