Yum brands (YUM) - Trend intact, dipped below bollinger band = $
Yum brands overall strong fundamentals with company. Shifting their focus to mergers & acquisitions setting themselves up for success in 2020 and on.
RSI is slightly oversold.
Bollinger bands indicate a short term reversal after dipping below southern band days ago.
Long term trend line indicating the historical level of support and trend is still intact.
Initiated buy @ 97.62.
Exit around 109 (next resistance), then 115.
As always happy trading and DYOR.
RSI is slightly oversold.
Bollinger bands indicate a short term reversal after dipping below southern band days ago.
Long term trend line indicating the historical level of support and trend is still intact.
Initiated buy @ 97.62.
Exit around 109 (next resistance), then 115.
As always happy trading and DYOR.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.