YUM to slideNot a reopening player, fundamentally is why the price rose so much
Strong bear divergence on Daily @ ATH which is being rejected on the Weekly (assuming it stay bear hammer)
Target 114.74
Target 2 109. 68
YUM trade ideas
Horizontal Resistance and Support levels. How toThis startegy works well for anything whether you are Trading Options or Long-term investment. Please keep in mind that when trading options time can be your best friend/ or worse enemy. Practice and develop a plan before you go full throttle into trading. Have any questions? Send me a message.
Weekly Outlook! 5/3 - 5/7Check out what plays we are going to be watching this coming week!
NYSE:BA
NASDAQ:PYPL
NYSE:NET
NYSE:DIS
NYSE:YUM
V Bottom ScallopLooks like a pull back is coming but who knows. I plan to buy more with a pull back.
YUM is overbought with daily RSI set on 80 verses 70. It is also overbought on weekly RSI. Securities can remain overbought for an extended period of time, but I do not like buying more of this while it is overbought )o:
Long entry level can be important to your psyche to help you hang later on.
Not a recommendation.
Scallops look like cups in a way but they lack a handle. They can be ascending or descending. The trend should be upward leading to an ascending scallop. The pattern looks like the letter J. You can measure the pattern then project it up from break out level which is left lip of the pattern. Increased volume leads to better performance. I have noted these patterns often come back down to earth to form a handle.
Not a recommendation.
V BottomA V bottom waits on a the prior high for long entry level, as a rule.
There is also a cup forming. YUM appears to be trading in a horizontal channel right now. A time of consolidation.
This may be a time consuming ventrue, making it to long entry level and reaching targets. Entering close to support can make the journey less stressful if you do not want to wait for long entry evel (Like you are supposed to do)..lol I have been in this one for quite a while so I will hang
Be safe Not a recommendation
MCD, SBUX, YUM Set to Breakout from Wyckoff AccumulationSince the sector rotation was unfolding in mid Feb 2021, restaurants and bars sector has been very resilient with a number of them outperform the indices.
In this video, you will find out 3 stocks - NYSE:MCD (McDonalds Corporation), NASDAQ:SBUX (Starbucks Corp) and NYSE:YUM (YUM Brands Inc) set to breakout from the Wyckoff re-accumulation structure with these tell-tale signs. Low risk entries via pullback trading or breakout trading together with the key levels are covered in the video.
YUM Brands: Great Earnings, Long Term Hold PotentialYUM brands has been consistently beating earnings and revenue expectations in the past, and is stably growing. I recommend a long hold given support levels + stock correlations. Options are looking tempting. That said, please do your own due diligence and invest at your own risk. Everything I say is on an opinion based basis.
Yum!: A tasty stock pick indeedNice break of high and retracement to said high. Stop loss could be set tighter below the high, and entry at opening price should be just nice. Projected TP of roughly 5-10%.
YUMYUM at pretty important support/resistance level here. Over extended in the short-term but worth a watch here. (NP)
Pair trade : Long YUM and Short DNKNHere is a good trade to help hedge the account and reduce your market exposure .
Could be a longer term trade but I will personally take profit around the median bollinger band area.
Long the pair~
$YUM - bull put vertical Expiration 11/13
Sell 93.5 Put
Buy 92 Put
Estimated profit: $70
Max loss: $80
Setting up for a break out upwards. Have bull flag on the 4h timeframe
YUM - Monday, Nov 2 - Bounce!There aren't a lot of stocks out there I'd be comfortable holding thru a 2nd or 3rd wave of a pandemic. This one looks promising. Looking for a bounce off of last weeks lows. There's a short term on-balance volume price action divergence. Taco Bell/Pizza Hut/KFC are all doing well enough while other food venues are being forced to shut down. The 2% dividend is as good as a high yield savings, immediately prior to the pandemic.
$YUM#YUM Made a breakout from the Cup & Handle Pattern in the daily chart and also made a breakout from the ascending triangle in the weekly chart. The next minor supply zone is around 105 level.
Still have room to move UPI am bullish on this counter as I forsee more business coming as slowly, states are opening up and more people are returning to the workforce. The vaccine development is a matter of time and once that is completed along with the US election, things should get more stabilised.
YUM - 4.02% Potential Profit - Ascending TriangleAscending triangle formed after a 5-month correction. Multiple new support confirmation over the past few days.
There is a potential to aim March's high and target a $105 price mark. However, not before we break past our original target exit below.
Despite profit potential might not seem appealing, I still feel that the risk/reward ratio is acceptable. Needless to say that the price will highly be influenced by vaccine-related news, given YUM's industry.
- Target Entry $98.79
- Target Stop Loss $97.67
- Target Exit $102.90
About me
- P/L September +49.18% | August: +232.32% | No Trades without Analysis
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss
$YUM - needs some room in the stochIf we can get the stochastic down around 80 there will be a lot of room on this one
YUM Short Term tradeAfter beating on earnings, YUM is looking to break out of the triangle pattern that its been forming for a while now. I think that we will bounce off the support one last time and then sometime next week finally break above the resistance. Then retest and continue on with a new uptrend.
