This morning I added Chipolte Mexican Grill (NYSE:CMG) to the BarchartVan Meerten New High portfolio for very positive upward price movement:
Barchart technical indicators:
- 100% Barchart technical buy signal
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 17 new highs and up 8.62% in the last month
- Relative Strength Index 81.69%
- Barchart computes a technical support level at 411.54
- Recently traded at 418.13 with a 50 day moving average of 381.01
Disclosure: I am long CMG.