Wednesday, May 02, 2018 11:49:04 AM
This morning, leading restaurant stock, Yum Brands Inc (NYSE:YUM) reported earnings. Unfortunately, the stock is plunging lower by more than 5.0 percent to $81.79 a share. Traders should note that the stock is now trading sharply below the important 50-day moving. There will be some short term chart support around the $80.00 area which is around the 200-day moving average. The better support level will still be lower, likely around the $76.00 level. This area is where the stock was defended in February 2018 before surging to new highs. Very often, major pivots will serve as excellent support levels when retested. My best bet for a long side trade in YUM will be around the $76.00 level.
Nicholas Santiago
InTheMoneyStocks
Recent YUM News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/18/2024 03:15:07 PM
- PIZZA HUT® UNVEILS NEW CHICAGO TAVERN-STYLE PIZZA AND TOPPINGS TRANSFORMATION WITH BIGGEST TOPPINGS MENU OVERHAUL IN OVER A DECADE • PR Newswire (US) • 06/18/2024 10:02:00 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/17/2024 03:56:11 PM
- KFC ADDS HONEY BBQ SAUCY NUGGETS TO THE LINEUP, PLUS MORE DEALS FOR EVERYONE, EVERY DAY OF THE WEEK • PR Newswire (US) • 06/10/2024 01:00:00 PM
- Pizza Hut Canada lance l'irrésistible Melt burger au fromage : les Canadiens vont oser tromper leur burger au fromage, c'est garanti ! • PR Newswire (Canada) • 05/27/2024 12:00:00 PM
- Pizza Hut Canada Introduces the Irresistible Cheeseburger Melt: Guaranteed to Make Canadians Cheat On their Cheeseburger! • PR Newswire (Canada) • 05/27/2024 12:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/21/2024 08:37:46 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/20/2024 06:15:16 PM
- PIZZA HUT ANNOUNCES KALEN THORNTON AS GLOBAL CHIEF BRAND OFFICER • PR Newswire (US) • 05/20/2024 12:02:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/17/2024 08:09:54 PM
- Yum! Brands, Inc. Declares Quarterly Dividend of $0.67 Per Share and Announces Authorization of up to $2.0 Billion in Share Repurchases • Business Wire • 05/15/2024 08:16:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/15/2024 06:33:41 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/15/2024 05:21:14 PM
- Nike Cuts Jobs at Converse, Ilya Sutskever Departs from OpenAI, WBD Increases Buyback Offer, and More News • IH Market News • 05/15/2024 11:49:06 AM
- PIZZA HUT® ENTERS THE BURGER BUSINESS WITH NEW CHEESEBURGER MELT • PR Newswire (US) • 05/14/2024 11:02:00 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/07/2024 08:58:29 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/06/2024 03:18:27 PM
- KFC'S "REAL-TALK" MOTHER'S DAY MENU HELPS YOU FIND THE PERFECT MEAL FOR MOM • PR Newswire (US) • 05/06/2024 01:00:00 PM
- Yum! Brands Reports First-Quarter Results • Business Wire • 05/01/2024 11:00:00 AM
- Yum! Brands, Inc. Completes Refinancing of Senior Secured Credit Facilities • Business Wire • 04/26/2024 09:17:00 PM
- Yum! Brands Announces Q1 2024 Earnings and Conference Call Details • Business Wire • 04/17/2024 09:31:00 PM
- KFC® INTRODUCES NEW "TASTE OF KFC DEALS" - A VALUE MENU WITH REAL VALUE - STARTING AT JUST $4.99 • PR Newswire (US) • 04/08/2024 01:00:00 PM
- KFC TAKES FINGER LICKIN' GOOD TO A WHOLE NEW LEVEL WITH NEW SAUCY NUGGETS IN FIVE DRIPPING FLAVORS • PR Newswire (US) • 03/28/2024 01:00:00 PM
- KFC Surpasses 30,000 Restaurants Worldwide • PR Newswire (US) • 03/12/2024 01:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/06/2024 09:30:59 PM
FEATURED BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • Jul 2, 2024 7:19 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM