CFD Trading – Sell Yum Brands Inc (YUM.NYS) @ $127.10. Stop @ $132.60 and Target @ $118.10.

Yum Brands Inc. Stock Code YUM.NYS


Price broke and closed below the cloud in the previous trading session, changing the chart outlook to bearish. An Ichimoku V-shaped reversal confirms the bearish price trend. Conversion and Base lines had a bearish crossover, hinting at a bearish price trend. Lagging Span is below price of 26 days ago but is inside the cloud. MACD has a bearish crossover, which is a hint of a bearish price trend ahead.  We think price is likely to move to the next support level at $118.01 in the next 2-3 weeks.


$127.10                Sell

$118.10                Price Target

$132.60              Risk Management Stop

3 weeks              Trade Duration

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