When the US struggles, china thrivesDon't want to say all that much about it. But, very over sold and company has great cashflow. Mainly looking from the perspective that china does well when the USA struggles in equities. Longby LeapTradesUpdated 2
YUMC 10/1/2023YUMC YUM! After running into major resistance level between Mar.’23 – May ’23, price has formed a Downtrend channel. The 1st entry short entry was July’23. Price found itself at resistance level of channel with “over-bought” Stochastic reading. See #1. Price now finds itself again at the channel’s resistance level with an “over-sold” stochastic reading. See #2. This is my que to enter trade short. Entering trade short. Entry: 55.72 Stop Loss: 58.72, -5.38% Target #1: 48.20, +13.5%, 2.51 RR ratio Target #2: 38.67, +30.6%, 5.68 RR ratio Shortby rudchartsUpdated 5
A buying opportunity for Yum ChinaFirst thing first, I am not buying , yet. I will watch it over the next few weeks to see if the price rebounds strongly from the support at 344 -350 level. There is a possibility that it may continue to head south to revisit the next support at 289.80. Remember the F&B business in China faces a lot of competition with new restaurants and menu being served up or turn around faster than you can imagined. The overall buying power in China is still weak as evidenced in the GXC and FXI ETF (rough guide). So be patient....by dchua1969Updated 116
Chicken wings and pizza fly on CNY periodUsing this as my last post for today, I am hoping the Chinese New Year starting tomorrow will usher in more revenue for KFC and Pizza Hut in China. Looking at the 4H chart, we can see a ultra bearish candle on 7 Feb with a gap up. Thus I am awaiting for the price to come back down to 292 support level to close the gap before deciding to go LONG. I also take this opportunity to wish all my followers and investors here a Happy and Prosperous Chinese New Year. May the year of Dragon bring forth more opportunities for us, provide us with more wisdom to do the right things (capital allocation, risk management, portfolio diversification,etc), good health and healthy relationships all year round. by dchua1969Updated 1
Yum China weekly chart read latest article here Let's wait for the price to rebound off the support turn resistance line at 281.60 and if a bullish candle is shown, I will take an initial position. Hmm, this may not happen this week , probably after CNY as this is a short trading week. Be patient, you need not catch the bottom to benefit from the rally so long the trend is in your favour and you have done your own research about the company.Longby dchua19692
Stick to what you like drinking ..........I believe humans are creatures of habits and drinking habits once formed are hard to change ,at least for most people. Try this on your own, experiment with a new beverage in your country for an entire month and see how it influences your mood and behaviour. You starts to form a new belief, like it more and more as time passes and you stick to it OR you hate it by the day and swear never to drink it again. We all know that the F&B industry is a cut throat industry where new menus and players are emerging faster than you can imagined. Yum China has an advantage, being a big player. It could buy its sources much cheaper than others , achieving economies of scale. I plan to nibble on this stock next week banging on the opening of China businesses, especially Tier 1 cities like Beijing and Shanghai, the domestic tourism is recovering faster than expected and the acceptance by more locals over Fast food in China. Longby dchua1969Updated 223
China tourism is explosive, ride on this wave now !These are the 3 stocks that I am currently invested and would be finding opportunities to add more. The China tourism is going to explode, especially this upcoming July school holidays. It will be the first after the long drawn 3 years lockdown for the chinese people in China. They called it the revenge traveling but I say it is a money making opportunity, haha! Ride the wave. Soon , you will be reading news that luxury products are wipe off the retail shelves once more by these rich Chinese people. Their high spending power, even higher than before (make up for lost time - human psychology) will compensate for what they think they have lost (perception) and buy even more. Longby dchua1969Updated 4
Yum ChinaChinese ADR continuing with move - 3 digit eps numbers , ADR are volatile , but if catch correctly ,may give great RR!Longby gaurang9111
$YUMC with a bearish outlook following its earnings #StocksThe PEAD projected a bearish outlook for $YUMC after a negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 50%.Longby EPSMomentum2
Chinese Chain Restaurant.Based on similar news that China is re-opening to the world, it's expected that more people's movement will lead to more spending on leisure like eating out. According to Bloomberg, Morgan Stanley Joins Goldman in Bullish Call on Chinese Assets. As it's possible we're late for this news, the trade could be late, but as the suggested company is fundamentally sound, there could be a possible opportunity. Yum China Holdings, NYSE: YUMC, is a chain restaurant that owns franchises like KFC and Pizza Hut in China. Despite the Covid restriction, the company's Total revenues increased 5% year over year to $2.68 billion from $2.55 billion (an 11% increase excluding foreign currency translation (“F/X”)). Operating Profit increased 77% year over year to $316 million from $178 million.Longby GoodwillBloomUpdated 1
$YUMC with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $YUMC after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 100%. Longby EPSMomentum1
YUMC daily bearish hammerYUMC daily bearish hammer at local high with nice volume. Stop loss above local highs, take profit to MA 200.Shortby MishaSuvorovUpdated 2
$YUMC with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $YUMC after a Positive over reaction following its earnings release placing the stock in drift B. Longby EPSMomentum2
YUMC - 200MA - uptrendYUMC - some China related names truly look delicious. YUMC is an American Chinese Fortune 500 fast-food restaurant company based in Plano, Texas, operating in China. Lockdowns are soon over. China just decreased quarantine requirements from 14 to 7 days. This stock is sitting on 200MA. Ready to fly?Longby Liathetrader1
Consider Taking A Bite Into Yum China (NYSE: $YUMC)! 🍴Yum China Holdings, Inc. owns, operates, and franchises restaurants in China. The company operates through two segments, KFC and Pizza Hut. It operates restaurants under the KFC, Pizza Hut, Little Sheep, Huang Ji Huang, Lavazza, COFFii & JOY, Taco Bell, and East Dawning brands, which specialize in chicken, pizza, hot pot cooking, simmer pot, Italian coffee, specialty coffee, Mexican-style food, and Chinese food categories. The company also operates V-Gold Mall, a mobile e-commerce platform, which sells electronics, home and kitchen accessories, and other general merchandise, as well as fried rice, steak, pasta and other ready meals, and coffee capsules. In addition, it operates franchise restaurants under the KFC, Pizza Hut, Huang Ji Huang, Taco Bell, Little Sheep, East Dawning, Lavazza, and COFFii & JOY names. As of December 31, 2021, the company operated 11,788 restaurants in approximately 1,600 cities. Yum China Holdings, Inc. was incorporated in 2016 and is headquartered in Shanghai, China.Longby Bullishcharts2214
YUMC 1H Wolfe Wave bullish 11/28A Wolfe Wave is a chart pattern composed of five wave patterns in price that imply an underlying equilibrium price. Investors who use this system time their trades based upon the resistance and support lines indicated by the pattern.Longby defiantroa0
NEW SERIES! Some Picks of Stocks From Restaurant Industry!Hi, I would like to start covering different sectors/industries and selecting stocks that are or may be relevant in the future from the point of view of technical analysis. Starting with Restaurants, searched out more than 60 companies, and here are some picks which are technically "the best ones". Obviously, Do Your Own Analysis! To be said I don't invest them all, I'm only interested in a few of them, these are just some ideas that you should consider. Do your fundamental analysis and I will bet that it narrows the selection quite strongly because this industry is risky. Still, rewards might be also quite decent ;) If you like this kind of series then name the next industry/sector in the comment section that might look interesting for you! Name it, tell me why you name it! 1. BJs Restaurants (BJRI) BJ's Restaurants is involved in the business of owning and operating restaurants. The company operates in one operating segment that is casual dining company-owned restaurants. It has a geographic presence only in the United States of America. 2. Bloomin Brands (BLMN) Bloomin Brands Inc operates as a casual dining restaurant company. Its brand includes Outback Steakhouse, Carrabba's Italian Grill, Bonefish Grill, and Fleming's Prime Steakhouse and Wine Bar. The company owns and operates its restaurants, and the remainder is franchised. It derives revenue mainly from the United States, but the company has a presence in Brazil and South Korea with company-owned Outbacks and Carrabbas. In addition, it also has exposure to several countries, predominantly in Asia, principally through franchising. 3. The Cheesecake Factory (CAKE) Cheesecake Factory owns and operates restaurants in the United States and Canada under brands that include The Cheesecake Factory, North Italia, and a collection within the Fox Restaurants Concepts subsidiary. The company's international presence, in the Middle East and Mexico, is through licensing agreements with third parties. The company also has a bakery division that produces cheesecakes and other baked products for sale in its restaurants, international licensees, and third-party bakery customers. The company has four operating business segments: The Cheesecake Factory restaurants, North Italia, other FRC, and others. Most of the company's revenue comes from The Cheesecake Factory restaurants segment. 4. Chuy's Holdings (CHUY) Chuy's Holdings Inc operates Chuy's, a restaurant concept offering a distinct menu of authentic, freshly prepared Mexican and Tex-Mex inspired food. It offers the same menu during lunch and dinner, which includes enchiladas, fajitas, tacos, burritos, combination platters and daily specials, complemented by a range of appetizers, soups, and salads. The company also offers a full-service bar in all of its restaurants providing its customers with a range of beverage offerings. 5. Briner International (EAT) Brinker International Inc operates casual dining restaurants under the brand's Chili Grill and Bar (Chili's) and Maggiano's Little Italy (Maggiano's). Chili's falls in the Bar and Grill category of casual dining. Its menu features Fresh Mex and Fresh Tex favorites including signature items such as slow-smoked baby back ribs, craft burgers, fajitas, and famous bottomless chips and salsa paired with tableside guacamole. Maggiano's is an Italian restaurant brand with a full lunch and dinner menu offering chef-prepared, such as appetizers, chicken, seafood, veal and prime steaks, and desserts. The company generates maximum revenue from Chili's segment. 6. Yum China Holding (YUMC) With almost 10,600 units and USD 9.5 billion in systemwide sales in 2020, Yum China is the largest restaurant chain in China. It generates revenue through its own restaurants and franchise fees. Key concepts include KFC (7,166 units) and Pizza Hut (2,355), but the company's portfolio also includes other brands such as Little Sheep, East Dawning, Taco Bell, Huang Ji Huang, COFFii & Joy, and Lavazza (collectively representing about 985 units). Yum China is a trademark licensee of Yum Brands, paying 3% of total systemwide sales to the company it separated from in October 2016. Keep in mind fundamental analysis tells you WHAT to buy, technical analysis tells you WHEN to buy. I gave just some ideas about when to buy but you have to do your own analysis what to buy and whether to buy at all! Hopefully, you like it and it would be awesome to start another series about stocks and sectors considering technical analysis- and do not forget to name your favorite sector on the comment section! Regards, VaidoLongby VaidoVeek4419
YUMC 1H Wolfe Wave bullish 11/17A Wolfe Wave is a chart pattern composed of five wave patterns in price that imply an underlying equilibrium price. Investors who use this system time their trades based upon the resistance and support lines indicated by the pattern.Longby defiantroa0
YUMC rises again! L > 67.97 (if 4h/1D close higher) L @ 66.28 As i was expecting before - YUMC grows up. I see some new lvl such as 66.28 and 67.97/ I really think, that one of this expectations will work next week. Longby ego1smo1
YUMC is continuing dominating (ATH)L > 64.63 , L > 65.60 1W candle is giving a strong signal to long - i can see closing higher than previous ATH (FEB 2021) + extra volume. I am expecting to see a move to 70$. Long scenario is acrive, till 1D candle close higher >64.63$Longby ego1smoUpdated 2
From Watchlist. YUMC. Not seeing decisive price action.This is a good long term bullish stock for me, but I'm trying to play the stocks I think will be making decisive moves. This isn't it for me. The correction is too complex. I like to see a nice wedge or flag formation, and this is a continually descending. I think they call it a flat or an expanded flat. I would like to see it finish with a zig zag or a triangle, but I'm not seeing either of those develop yet, regardless of how hard I squint. Could it make a drastic move. Yes, of course that is always in the cards. But, I don't think it will based on the price action I am seeing here. Take all of this with a grain of salt. Whatever I'm doing here, I'm inexperienced at it. At least I can say I took the path tool and followed it, so I'm not missing anything, but still this is a tricky one. I can't imagine many retail traders thinking the shape it's making is an inviting one.by emehoke222
YUMC will try to put ATH (if 1D close >61)I see an accumulation of energy in YUMC zone 59.35-60.97 is seems to involve buyers and sellers into a fight. If buyers win - you will see 1D closed >61.00 and this will be a signal to open long position. (Also climbing higher than 61 will put 1W candle into a green one, which provides more safety in long) If buyers lose- you will see 1D closed <59.35. And it will be good chance to open short position on retest 59.35 from downside.Longby ego1smoUpdated 1
YUMC looking at more upsidey looking at further upside to $64.84 thereabouts for now which will mean new all-time highs. Longby Richkierich1