Yum! Brands Is Piping Hot
The Yum! Brands (YUM) daily chart is showing some interesting time symmetry, and that makes this stock look good for a possible buy entry. See below, where I've illustrated the prior 57-trading-day decline into the Oct. 4, 2011 low.Yum! Brands (YUM) -- Daily Source: Dynamic Trader View Chart » View in New Window »
The swing into the July 12 low was also made 57 trading days after the April 20, 2012 high. Isn't that an interesting coincidence? This April low was made at the confluence of three or four Fibonacci price relationships at the $60.80-to-$61.33 area....317 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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