Hopskotch

$YUM TurkeyDay Gapfill UDPATE - 64% gapfill

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NYSE:YUM   YUM BRANDS INC
An update on the Turkey Day gapfill idea posted last month! We achieved 64% gapfill which made for some great gains!

When looking for Gapfills, its important to not set your expectations too high! Often times a gap will only be partially filled because a gap us USUALLY an overreaction... Strip off the "over" part and its just a REACTION, which means when you strip away all the emotion fear and fomo, its going to have SOME reaction to the news that caused the OVERreaction. I like to set my sights between 60-75% of the Gap for taking profits. If the gap is 20$ i may shoot to take profits when the fill has reached 15$ or so. It's all contextual to the news and catalysts (and of course the ticker) that you're dealing with.

none-the less, Gapfills are a fun setup to play -- just be realistic in your expectations and dont be greedy.

Plan your trade, Trade your plan!

Come have a chat with me and the MD Live community about YUM and dozens of other tickers: https://discord.gg/MfaRPp4
- Plan your trade, Trade your plan. Emotion and fear will break you.

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