Last time we looked at the chart of Chipotle (CMG), we noted that price was essentially anchoring above 400. We anticipated a push towards the 440 area. Chipotle (CMG) Daily Chart(click to enlarge)At Key Resistance:- In the previous look at CMG, I noted that we should first limit our bullish outlook to 440. I still believe we will see some resistance here between 440-445. - However, as price develops this rounded bottom, we should anticipate a support higher than the 393-400 area. - Price might start pivoting above the 420 pivot. - If so, I would have more confidence that price can continue towards the next common resistance area between around 460-465.