Personally I will wait for a close above the entry line
Comment:
Keycorp's announcing price target of $42 in this mornings pre-market was a little bit of a dagger for us retailers here. Sounds like good news, but in reality we may see some consolidation at the current level for the short to mid-term.
If you are looking to acquire a large amount of shares, great. But if you are looking to take a small position (Me) compared to the overall market, this will likely see some shake outs and accumulation until that price target is reached. As a small investor like myself, time is money and this one might be tough for me to leg out.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
If you are looking to acquire a large amount of shares, great. But if you are looking to take a small position (Me) compared to the overall market, this will likely see some shake outs and accumulation until that price target is reached. As a small investor like myself, time is money and this one might be tough for me to leg out.