We have a 1.13 Shark here with Bearish Divergence Visible on the Weekly Timeframe, and right now on the Daiy Timeframe was have a Confirmed 3 Line Strike. If things go as I expect we will see YUM work it's way down and below the trendline before then making it's way towards the 0.618 Fibonacci Retrace over the next several months.
There aren't a lot of stocks out there I'd be comfortable holding thru a 2nd or 3rd wave of a pandemic. This one looks promising. Looking for a bounce off of last weeks lows. There's a short term on-balance volume price action divergence. Taco Bell/Pizza Hut/KFC are all doing well enough while other food venues are being forced to shut down. The 2% dividend is as...
Yum! Brands
The brand owns: KFC, Pizza Hut, Taco Bell, The Habit Burger Grill and Wing Street worldwide.
Long term analysis - Market was bullish before the Virus and it changes quickly to accommodate the virus/crisis requests, so it should keep going upward - Bullish long term
Short Term I would go Bullish - same direction of the trend, but there is an Option B...
