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UnknownUnicorn371507
Dec 1, 2016 6:07 PM

KEY Bank Overbought Short

NYSE:KEY1D
KeyCorpNYSE

Description

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Looking very overbought here from this recent Trump Bump, looking to profit on the re-trace, if there is one. Opportunity is here, if it breaks out, could be a good long, if it reverses here, could make for a fantastic short.

Comment

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This Doji just printed today at what I believe is the peak could be the selling point on this trend reversal. Let's see where this plays out.

Comment

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Day 3 and we're getting a 2nd red (black) candle on the Daily.
Patience here, let's see how tomorrow plays.

Comment

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Seems to be breaking up & out. Long

Comment

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Bout time..

Finally breaking down.

Order cancelled

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KEYbanksshort
Comments
UnknownUnicorn371507
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I've made profit from a short term long, but still looking for a short entry here. Watching the RSI for a bounce or poke through.
UnknownUnicorn371507
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I feel pretty confident from here that it's breaking out and up.

I am long from $18.03, SL @ 17.90
TP $19+
UnknownUnicorn371507
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@Solistica, Trade closed @ $18.46
UnknownUnicorn371507
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Poking through resistance here, will just have to see if this new level holds. Considering a long.
UnknownUnicorn371507
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Looking on a smaller time frame, it just finished testing that $18 area for a 3rd time. Exhaustion is around the corner, needs to make or break.
UnknownUnicorn371507
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Remaining extremely overbought, watching RSI closely here for confirmation.


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