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Dec 22, 2019 7:46 PM

Yum brands (YUM) - Trend intact, dipped below bollinger band = $ Long

Yum! Brands, Inc.NYSE

Description

Yum brands overall strong fundamentals with company. Shifting their focus to mergers & acquisitions setting themselves up for success in 2020 and on.

RSI is slightly oversold.
Bollinger bands indicate a short term reversal after dipping below southern band days ago.
Long term trend line indicating the historical level of support and trend is still intact.

Initiated buy @ 97.62.
Exit around 109 (next resistance), then 115.

As always happy trading and DYOR.
Comments
sumtinwong
Good call, do you see a continuation of this recent strength?
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