YUM is showing a classic Descending Triangle. Don't miss the move.
Bearish continuation pattern.
Sideways movement between parallel supports.
Consolidation. Can break either way.
Bearish continuation if preceding move was down.
A clear signal has emerged for Yum! Brands (YUM) on the daily chart. Price has moved to $153.71 (0.66%) amidst recent volatility. Price action has carved out a classic Bearish Flag. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $149.39, targeting $129.53 with support near $154.03 (R:R 4.28).
What is your outlook on YUM?