Medium Term Buy/Long - Not sure if we'll get a pullback to around the $35/36 level but if we do, that could be an opportunity to buy in.
I like this gap.. If it gaps below 38 it should run right to around 35 or lower. It would be trapping 4 days of bullish candles..
Primary bu signal: CCI crossing -100 Waiting for second indicator (RSI) to cross 20 for first entry
The overall structure suggests another wave 5 of (5) rally is very possible the end of blue wave 4 is unconfirmed, it could be further developed as a triangle Also note wave (3) equals approx 2.618 times the length of wave (1) Divergence between price & technical indicators
Fib time zone shows wave 2 end Wave 3 just start. Good ER will take us to high 40s
wave 2 gonna end soon. WAVE 3 will start
I bought at 40.50 - YUM in China, I am hoping for a break up out of the this triangle again...
Yum brand in China, they love our ridiculous culture... I like a break up and a steady climb towards global obesity
This is YUM brand China; I like what they are doing over there, HUGE market. We'll be stuffing them full of YUM products for a long while (hopefully). Good entry and let it ride