Chipotle Mexican Grill, Inc. (CMG -$1.88 or -0.89% to $210.42) is holding its ground after considerable volume-driven gains on 10/22/10 and 10/26/10 for a new all-time highs. It is extended from any sound base, and disciplined investors know that it is usually best to avoid chasing stocks more than +5% above their pivot point. Its 50-day moving average (DMA) line defines chart support above its prior highs in the $155 area. 

Its last appearance in this FSU section with an annotated graph was on 9/01/10 under the headline "Mexican Food Chain Has Ingredients of Past Great Winners" as it rallied to multi-year highs with a considerable gain backed by 2 times above average volume. It has traded up as much as +36% higher since we observed - "The casual Mexican restaurant's shares are free to rise unhindered by overhead supply now.  The market (M criteria) also is in better shape based on the broader strength, bullish action meeting the definition of a follow-through day (FTD).  The FTD confirmed a new rally with large gains on higher volume, coupled with an increase in fresh technical breakouts."

Sales revenues increases have shown acceleration while up +12%, +16%, +20%, and +23% in recent quarterly comparisons while the C criteria is satisfied by ongoing earnings increases above the +25% guideline. It also has a good annual (A criteria) earnings history. As it returned to the Featured Stocks list it was noted that it -"Rebounded considerably after a very deep correction, falling from $123 when it was dropped from the Featured Stocks list 1/7/08, to as low as $36 in November '08."