Very nice here from $CAVA and has lost the 0.38 Fib now at $117 and looks set to continue moving down to the 200 Day MA which is just above the 0.5 Fib at $100.
Losing this level and the 0.618 Fib comes into play at $83
$83 is a lot more attractive than chasing this at $170 last month....which we identified as extremely overvalued.