Chipotle Mexican Grill Rally Continues

Chipotle Mexican Grill

shares are trading higher by $30.52 at $459 in Thursday's session. It has added nearly $60 over the last two sessions. The rally was instigagted by comments from the company's CEO, that he was confident the rash of illnesses at their restaurants will not happen again. After a higher open, it retreated bout found support well ahead of the upper-end of Wednesday's range ($432.40), only reaching $435.50. The ensuing rally has found intrday resistance ahead of its January 4 high ($469), only reaching $463.51 before falling back under $460.