Fast Casual Name Sees Bulls Look for Post Earnings Drift
Chipotle (CMG) strong drift post-earnings and seeing 650 September 1790 calls bought today for $925K. The stock has a strong pattenr since earnings and an overhead VPOC target above at 1704 which would take to near flat year to date. Also seeing a 21/200 EMA bull cross this week as longer term momentum and trend shifts higher.