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Hawk’s Nest

Fast Casual Name Sees Bulls Look for Post Earnings Drift

by | Aug 9, 2022

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.