Yum China may rise to 54.80 - 57.40

42 is our pivot point.

Our preference

The upside prevails as long as 42 is support.

Alternative scenario

Below 42, expect 37.7 and 35.1.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 41.6975 and 36.5802).

Supports and resistances

60.1 **

57.4 *

54.8 **

52.2

46.54 (USD-last)

43.6

42 **

37.7 *

35.1 **

Number of asterisks represents the strength of support and resistance levels.