I'm pretty bearish on yum displaying many bearish signs. first target for me will be around 77.70 with max low targets around 74-72
New 5-wave up. Detailed PT please see Daily chart in update
This Gap and Go pattern has potential for a pullback at 78.84 and hopefully can take off!
2nd Oct - ABCD Setup. Looking for Fib retrace to around 70 with previous support. From that PTA Long 77 Calls - on watch.
31st July - ABCD nearing completion. 50/60 level retracement at key monthly levels -69. PA needs to push above 75.97 to 78-127 fib levels. Look to Short -Put Calls
YUM- Yum Brands Daily Perspective NYSE:YUM
YUM- Yum Brands Weekly Perspective NYSE:YUM
YUM has been forming a cup for 12 weeks and has a potential to form a handle with overextended RSI. YUM
YUM Brands reached the in my former Analysis mentioned TP1 (86$) . With Prices above 86$, TP2 (96$) can be aimed...let`s rock! Former Analysis: YUM BRANDS Falsebreakout- targets. 86/ 96$ 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...
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...
People have frequently mentioned to me that they can't make iron condors work for them, primarily because a single broken setup can undo a long string of profitable trades. This, of course, is a true statement if absolutely nothing is done to attempt to repair these broken trades and get them back to at least scratch or, ideally, into profit. It's all a question...
Call at > 72.09 Stop 71 target 75.3 put at <69.8 stop 70.7 target 67.1 / 65.5
These earnings plays gone awry usually involve long stories, since it frequently takes a bit of time with rolling, massaging strikes, and such to get the thing into a state where you can exit for at least a scratch. On October 6th, I played earnings via a 2 contract 72/75/90/93 iron condor, for which I received a .94 credit. Price proceeded to breach the short...