BUY : 16-17 SELL: 23-27-33-41
NYSE:KEY Fantastic ascending triangle with more retest of level 18.50. Sellers have no longer held purchase volumes and therefore can be a good opportunity to ride a potential bullish trend.
Buy idea, risky trade -> bad earning
Long Key using a triangle pattern and XABCD pattern shows an M pattern. KEY could be a great 61.8% fib trade.
Breaking through previous peak with positive oscillator/indicator action & marabozu in formation
Pretty clear Head and Shoulders setup. Look for higher volume and a close above $18.25 for confirmation. If confirmed, expect a move to at least $22.25
Keycorp and regional banks in general are being pulled down by the decline in the U.S Mortgage and Housing Market
We made amazing profits all of my choices. every risks pays me very well :)
The interesting situation I see at this chart, there are always two scenarios of the possible price movement to the trader. 1) This uptrend will continue to rise. 2) This uptrend can have the correction before the price will hit the new highs at the end of the year. The monthly TF looks very positive, merely because the price doesn't fall below 7EMA line since...
This bank popped up on a detailed scan today. Charts look great! Indicators are BULLISH POSITION: 10,000 SHARES PRICE: $21.50
KEY: keycorp 2018-06-28 16:40:51 Detected possible stock repurchase
trailing stop was hit at 20,72 Before the trade price will bouce between support and resistance because price is at support level After the trade that I probably too soon set a trailing stop to protect my trade. that you should let more room for the stock to move, but in the other hand it was nice to set such a target, but you should stick to the plan longer.
Today KeyCorp was one of the bottom performers in the S&P 500. From the chart & technical analysis; a double was top formed and downtrend seems to keep pushing further down. For the past week or so price was in a range and Volume increased for today's down trend. ***This is not an investment advise***
So guys I'm not back tracking on my bias however I'm starting to think that my short bias on this stock is perhaps longer term. This stock simply doesn't have as much volume as a large cap company to support this sharp move down to our expected levels or perhaps breaking our lower bound. Of course adverse news about the company could help fuel this move however...