Went from over $40 a few days ago to now just over $34.
TA: YUM just broke down through the lower Bolinger band, RSI still too high (41) and should go to 30 before buying (see chart), MACD bearish, chaikin money flow just went into the red. If you are holding greater than a year, its a buy.
If you are trading, wait until support at $30.80, its previous low and 52 week low. GL
there is ine thing everybody needs to understand.that people are loseing there job and cutting back eating out.
the question is what is being done to cut expenses?
plus, look at the pay of middle management.cuts can be made there.
YUM goes from $31.38 to $33.07 on 1.43 million shares? Sounds suspicious. Opened a 1/4 short position. looking for $28-29 eventually.
Market still has about 700 more points of downside until it gives a weak bear market rally.
No $30??? Heck, this stock gives away a buck a day, this tuesday could easily see $30. Be patient. $30.00 will come.
YUM is going down on INCREASING volume....BAD sign. And if the $700 Bil bailout doesnt pass, this stock will have lead boots when the market crashes.
Funny you should post on the subject of weakening stock price of YUM. Not riding this any lower. Bought just over $38 just on monday and now $4.00 lower and it isnt even the end of the week. Sickening.
Got a market order to sell the opening. Not riding this down any lower. I have no tolerance for a weak, declining stock and company.
Not telling you what do do , I also bought high.
This is a very good co. I have bought & sold this co. many times. I bought after the drop , I didn't know the down grade was coming. I'm holding & plan on making money. Good luck.
Got out this morning with 8% loss on YUM. Glad I am outta here now. Down over 3.5% from where I sold it.
Lotta better opportunities out than holding a stock hovering over its 52 week low. Not looking good here folks. See ya!!
said sales have slowed sequentially in China, given disruption from the Olympics and a massive earthquake in May that killed nearly 70,000.
Kron, who rates the stock "Neutral," said the company's China segment makes up 28 percent of total operating income.
Kron is cautious on third-quarter results for Yum Brands' China segment, noting a possible slowing of same-store sales, or sales at locations open at least one year.
Meanwhile, Deutsche Bank analyst Jason West, who rates the stock "Hold," also noted slowing consumer spending in China.
"We believe the combination of a major earthquake, the Olympics and a weak stock market appears to have put a modest damper on the moods of Chinese consumers in recent months," West wrote in a client note.
china sales were weak.people in us are cutting back at eating out.
also,notice another example of board members cashing out stock in september.
kfc is very weak.
don't be surprise in the stock gets down to 27 or 28 dollars a share.