#CMG and #TSLA Coiled in 7days.
These 2 are prime sample of tight narrow range, if by squeezing the time frame by 7 days using 30minutes channel, you will get a box set-up. Trading orthodox is the longer it base/ coil, will resolve in powerful rally/ or sell off.
TESLA and Chipotle Mexican Grill both in narrow band stretch in 7days. See chart*
TSLA thanks for the note, great options trade today.