Chipotle Stock Rises to $54, Up $4; $MARA Faces Downward Pressure Below 50-day Moving Average

Shares of Chipotle Mexican Grill Inc. ($CMG) have shown signs of recovery, with the stock recently trading at $54, marking a $4 increase. Traders are optimistic about the stock's performance, as it has successfully retaken the 200-day moving average (200MA) and is being monitored for further upward movement, with key resistance levels identified at $54, $54.55, and $54.72. Meanwhile, Marathon Digital Holdings Inc. ($MARA) is experiencing downward pressure, although some traders are looking for a potential bounce back after holding the 50-day simple moving average (50sma). Despite this, there are indications that $MARA may continue to decline, with traders noting that put options are performing well.