Chipotle Mexican Grill – CMG – Gets Cookin’

Another strong earnings story, Chipotle Mexican Grill $CMG is off to a SIZZLING start this morning.

Like $TZOO yesterday, $CMG is shooting out of a huge 6 month base, after a 2 year downtrend.

Whether or not this is a change of direction for $CMG remains to be seen — but this one’s on our TRADAR for sure!

Here’s the breakout —

I’m looking for more volume to come in, but still, very strong.

And here’s the longer term downtrend —

Lookin’ TASTY!

Good luck out there!

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