The_Cannalyst

YUM BRANDS Falsebreakout- targets. 86/ 96$

Long
The_Cannalyst Mis à jour   
NYSE:YUM   Yum! Brands, Inc.
29
Yesterday we saw a classical false breakout, a bull trap.
The shortterm Support @ 79.10 was a intraday fight. First it seemed, that the Support zone would turn into a resistance with generating the next sell-Signal.
But the opposite appeared: A bullish hammer was formed per Close. Today we can see a big upmove which beated the downtrend.
I see a classical 1-2-3 long pattern with tp1:85,5 / TP2: 86$
The requirement for this possible Szenario is that YUM will not close sustainable below the last "3"



Good luck :-)
Transaction en cours
Commentaire:
TP1 reached
Clause de non-responsabilité

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