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$. Long scenario is acrive, till 1D candle close higher >64.63$
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,...
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...
y looking at further upside to $64.84 thereabouts for now which will mean new all-time highs.
Hey traders, YUM CHINA HOLDINGS is giving a bearish signal refusal of sellers with large volume, buyers should be back at the opening possibility of breaking the blow line from the top to breakout the consolidation zone. Please LIKE & FOLLOW, thank you!
YUMC is an chinese Holdings company who manage hundreds restaurants around the world. This stock is bullish ------------------------------------------ Good Luck
YUMC in the next 5 years. I am personally pretty optimistic about their growth. A great stock to hold IMO.
Waiting next week confirmation candle
Waiting confirmation candle for the breakout
Waiting confirmation candle to breakout from the double top
It is an extremely busy day today in Singapore where many ethnic Chinese are scrambling to do their last minute groceries shopping before they are closed for the next 2 days. For those who are not aware, it is the CHINESE NEW YEAR or SPRING FESTIVAL celebrated by ethnic Chinese worldwide. So tonight, families will gather together for a reunion dinner much like...
Publishing trade idea for my own benefit and education purposes only
$YUMC nice set-up into earnings w/ July and Oct $45 Call OI
I remember that day when YUMC was spun off from YUM I was still in Wall Street as a stock trader. A few days later this name became one of my best name and my boss was like "Hey Joe, many of my friends in other PE and hedge fund just did the exactly same trade as yours, good job bro!" One of the most inspired moment ! Recently YUMC has rumors about being buyout,...
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.