CMG propelled on the back of a massive short covering rally, even as it missed on earnings and warned of further margin compression if & when it moves to non GMO food. Technically, the Oct 29th price action suggests the last of the weak hand shorts have been taken out. PPS looks to be on its way to test yesterday's lows at $522.78. If that level gets tested and breaks, and closes below $527, it will trip a bearish outside reversal day, suggesting a change in trend. There is a lot of air pockets below, so if it starts to come back to earth, it could do so fast.