When Yum! Brands (NYSE:YUM) reported earnings Wednesday morning the stock fell by more than 5 percent to $81.79 a share. YUM is now trading sharply below the important 50-day moving average and I see some short-term chart support around $80, which is near its 200-day moving average. The better support level will still be lower, likely around $76. That's an area where the stock was defended in February 2018 before surging to new highs. Just remember that major pivots often serves as excellent support when retested. My best bet for a long-side trade in YUM is around $76.