$CMG reported after the close yesterday and missed slightly on Revenue and Same-Store Sales growth decline slightly.
We can see on the chart that I have this in an ABC correction.
With Wave B testing the amber 0.618 Fib at $61 from below and now rejecting....down -3% in the PM now too.
So no changes here.
I expect this to move in Wave C still over the next 9-12 months.
EX CEO likely jumped ship at the right time.