Share of Chipotle have been on a decline since its issues with food-born illness. While the downtrend has slowed down, it is still intact. CMG Daily Chart 12/6(click to enlarge)Bearish Continuation Signal:- In October, price fell below 385.50, signaling bearish continuation.- After that breakout, price bounced back up from 349. - The pullback brought price back into the middle of the previously broken consolidation range. - The fact that price respected this "middle" area as resistance suggests bears are still in charge. - Also note that price remains under the 200-, 100-, and 50-day simple moving averages (SMAs). - Finally, the fact that the RSI has tagged 30, then held under 60, reflects a market with bearish momentum. - We should look for price to push to 350, with risk of breaking lower. Here's a report from thestreet.com: Despite Favorable Report, Chipotle Doesn't Look Set for Comeback