Chipotle Mexican Grill $CMG has been in recovery mode throughout 2018, and has so far proven that it is ready for another bull run. Perhaps, its E-coli outbreaks which started in late 2015, are now fading away. Since then, the most important change was probably at the helm, with Brian Niccol (former Taco Bell CEO from 2015-2018) replacing Steve Ells as CEO in March. Since then, CMG's share price has been bullish. CMG Daily Chart (click to enlarge) Pullback:- CMG broke above a key resistance around $500, but stalled just under $530. - It is now on a pullback.- We may want to consider a BTD (buy-the-dip) strategy. Support:- I think there are 3 areas of key support if the market indeed goes into consolidation or correction mode.- First, if price dips to $470, we will have a previous resistance area, and a rising trendline as support.- But if the pullback is more serious, we can see price dip towards the support of the previous consolidation which is around $420. - The lowest CMG should go and still be within the context of a bullish market should be around $375, where the 200-day simple moving average (SMA) resides. - Most likely, we won't see this deep retracement, unless the overall market is also bearish i.e. a 10% retracement in the S&P500- Finally, if we see the RSI reach towards 40, we should anticipate support, especially if the market is indeed still in bullish recovery mode in the medium-term, which would build into a bullish continuation mode in the long-term.