@sumtinwong, Yes, there is a high probability that YUM is now in an uptrend. Obviously, it won't go straight up. Look at MCD as a reference.
Use a stop limit to protect your capital.
sumtinwong
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@mistrykam, Thanks for the reply, currently have April 100 calls that I bought for cheap, up 43% currently, but was up like 80% or so at the high yesterday. Want to see a gap fill to 110 at least on this, seems like a pull back today.
mistrykam
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@sumtinwong, that's fantastic, hoping it clears 110 :-)
sumtinwong
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@mistrykam, What a dump these past two days, only up 20% now... wooow
mistrykam
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@sumtinwong, That bites, YUM looks like it's still consolidating. Looks like all the money was heading back into Tech, which is looking over-valued now.