Chipotle (CMG) down 4.87 to $103.73
Chipotle has clearly broken down thru support it had at $110. Pull up a daily chart and you'll see what I mean. Next support levels: $98 and then $88.
I just ate there yesterday...same long line as always...so I would say this is purely market-related tied to recession fears..
Thursday, February 7, 2008
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