anthonylarro

YUMC Bounce and Descending Wedge

NYSE:YUMC   Yum China Holdings, Inc.
YUMC gapped down 15% on news about investors not buying it out. Initial reaction was it dumped hard, but bought back up just as hard and came back almost to vwap at 31.89. Could be a good play to either direction again. Looking for a retest of the trendline on either side for a continued move after the gap.

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