Although it has been a huge winner for the past few years, CMG is highly exposed to the coronavirus fear.
How many of them are going to be open for business in a month or so?
Who's gonna be going out to eat?
Below the 200MA and with a very very rich P/E.
We'll see if it tries to get to the 200MA and sinks or if it sinks directly.
Huge gap to fill.
Even if you think that pizza delivery is going to thrive with the coronavirus, Domino's is still a restaurant and it's unlikely that they are not all going to be sold together.
MACD backs my hypothesis.