CMG (Chiptole Mexican Grill) hit the first price target in the AH & pre-mkt sessions following last night’s earnings as well as on this gap down today for a quick 8% gain for those that took Tuesday’s pre-earnings entry. Any bounce back to S1 would offer an objective add-on or new short entry. Previous & updated daily charts below.
CMG daily July 25th
CMG daily July 27th