Trend continuation idea on YUMC

Yum China is a leading fast-food restaurant company in China, operating over 16,000 restaurants under brands like KFC, Pizza Hut, and Taco Bell.

YUMC did some projects that led to better efficiency, more shareholder returns and a great strategy ahead.

The market is creating a flag with a clear resistance level in a bull market. If the price breaks upwards the return can be easily a +10% and as always a tight stop up to 3% is perfectly fine, giving a good risk reward ratio.