Bullish for earnings report beatRsi strength crossing above 50, adx shows the previous downtrend weakening changing trends, dmi staying to form bullish, staying above the moving averages looks bullish, if it had broke below just before earnings I would have a bearish outlook, it looks as if the majority of Chipotle investors are going long into earnings, my research shows they are highly expected to beat expectations which should have bullish sentiment for the stock and send it higher. All 13 out of 13 analysts gave it a strong buy on Monday according to zachs which ranks it as a #1 strong buy and earnings beat also.
