Yum! Brands Inc. (YUM) — This operator of quick-service restaurants, which include KFC, Pizza Hut, Taco Bell, Long John Silver’s, and A&W, had held its powerful bull-market trend through almost all of this year’s bear market.

The Chart of the Day has followed YUM, with comments on Oct. 14, Dec. 4 and Jan. 28.

Now this quality fast-food server appears to have triple bottomed with prior reversals at around $22. YUM could be purchased as either a long-term position or a trade with a near-term objective of $30.

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Sam Collins is a registered, fee-based portfolio manager who may be contacted samailc@cox.net. You can also check out an archive of some of his most recent market outlooks by clicking here.