Yum! Brands (YUM) Nearing Upside Breakout Area

Yum! Brands (YUM)

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Yum! Brands (YUM) recently raised its 2011 profit forecast and expects to continue to grow in 2012.

The green price bars showing outperformance vs. SPX since mid November.

YUM has been in a trading range since July.

Sooner or later it will have to breakout. The bulls are hoping to the upside.

Traders should apply the Seven Steps to Better Stock Trading. It is important to determine if there is a trend. One way to do it is to use my Total Indicator for eSignal. It’s free!