Sorry to obsess over Chipotle – – I don't even trade this thing – – but I've got to say, this has got to be one of the strangest charts I've seen. CMG keeps entering what is an incredibly "steady state", particularly lately. This chain of overpriced burrito joints must truly be seen as a risk-free, permanently-growing outfit.
It joins PriceLine and Autozone in the "Tim Has No Idea Why This Stock Keeps Going Up Forever" club.