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Peet_Serfontein

YUM: linear regression channel trade

Long
Yum! Brands, Inc. (NYSE:YUM)  
Peet_Serfontein  
NYSE:YUM   Yum! Brands, Inc.
Trend Analysis Technical Indicators Chart Patterns
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trendanalysis indicator chartpattern
A price action above 133.50 supports a bullish trend direction.
Increasse long exposure for a break above 136.00.
The target price is set at 145.00, which is the upper range of the linear regression channel pattern.
The stop-lossprice is set at 129.00, which is the lower range of the linear regression channel pattern.
The upward trending linear regression channel supports a bullish trend direction.
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