YUM BRANDS (PIZZA HUT, KFC)
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 where the price can jump back to 84.00
Technical Analysis pattern - it seems to be a bullish pennant/flag (rectangular) pattern (more flag less rectangular).
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 where the price can jump back to 84.00
Technical Analysis pattern - it seems to be a bullish pennant/flag (rectangular) pattern (more flag less rectangular).
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