Time has come to catch TP2 @ 96$...?

11 Tem 2016

YUM Brands reached the in my former Analysis mentioned TP1 (86$) . With Prices above 86$, TP2 (96$) can be aimed...let`s rock!

Former Analysis:
YUM BRANDS Falsebreakout- targets. 86/ 96$

Yesterday we saw a classical false breakout, a bull trap.
The shortterm Support @ 79.10 was a intraday fight. First it seemed, that the Support zone would turn into a resistance with generating the next sell-Signal.
But the opposite appeared: A bullish hammer was formed per Close. Today we can see a big upmove which beated the downtrend.
I see a classical 1-2-3 long pattern with tp1:85,5 / TP2: 86$
The requirement for this possible Szenario is that YUM will not close sustainable below the last "3"

14 Tem 2016

Not

Here is the Breakout!

1 Ağu 2016

Not

12 Ağu 2016

Not

5 Eyl 2016

Not

8 Eyl 2016

Not