22Apr9:37 amEST

A Big Test for This Burrito

A good test this morning to see whether the CMG negative earnings reaction is an exaggerated one is to see if it can respond to the gap-fill from April 9th, at around $654.40. 

CMG is gapping below the gap now. And I am looking to see if buyers are responsive for at least a quick scalp. 

If the selling intensifies under $650, then it is likely just the beginning of large money liquidating the stock. 

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