KEY trade ideas
$KEY KeyCorp Breakout Trade
Potential long entry on a break above $13.50 .
Targets as per Pivot points and resistance levels.
Clearing the 200ma is bullish but may be a backrest.
Caution on early entries.
KEY_ITMIs KEY technicals in the money after div? Nice formation for an upside move solely based on the technicals or was the trade over? It's getting a little hairy on the trendline...Neutral but technical entry...
A $KEY to your successPrice has crossed the 50 EMA which is a positive sign for upward trend. The 10 EMA is also very close to crossing the 50 ema. The other indicators also show upward trend is in play. Enjoy.
Reverse Head and Shoulders_KEYKEY looking like a buy with support at the 60% fib range with momentum at the upside. Reverse head and shoulders may help propel it to $13.96 mark.....meaning a possible bullish Wolfe wave with policy implementation allowing the velocity of money to exchange through small/regional banking in the US.
KEY looking good on the weeklyKEY technicals have some support and a buy. Albeit, earnings around the corner. Looks below alpha compared with some other banking names.
KEY With Dodd-Frank and reforms for the small and regional banks, could we see a movement to consolidate these banks during COVID? No one knows for sure, but the technicals look like it is a good trade on the technicals and did not head-and-shoulder, which is a good sign. The PPE policy has kept the banking sector liquid, and as we see, the economy open into the next phase will bolster these capital markets. Buy-side, and if it gets consolidated, it will - usually - be on the upside for the company being acquired.
KEY in rising channelKEY has reached the support trendline of the channel for the fourth time. I expect it to rebound and go upward. The risk to reward is about 3.5, which is not super good, but I feel confident about this trade. If it does follow the channel well, my stop-loss will move higher and higher and risk will decrease. Otherwise, my stop-loss is at $9.90. It's intentionally below $10.00 which may be a natural support region.
Possible H&SUpward channel bounce off of .38 Fib retracement from major Covid downtrend. Most recent support moved from below 30 RSI for upward continuation. Look for higher high on third uptrend. If the rally fails and breaks through the neckline, this would create a clean H&S pattern.
$KEY to Success Crossing over the 55 day while the 55 day is above the 20 day, to me thats a long buy, Im in.
$KEY: Long term buying opportunity$KEY has a great chart here, trending in the 2-Month timeframe, similarly to $BAC and $SPX , I think it may be a great hold from here onwards.
It's at a good dip, near long term support, hard to beat the reward to risk ratio here.
Cheers.
Ivan Labrie.
i50.KEYBeta-R:Journal. Risk Management: Compound .Level : PA . Time: Short-term - Intermediate . This is just my view follow if it aligns with yours. Ideas are not repeated rather updated.Worry about risk only.
KEY, Keycorp - Ascending TriangleNYSE: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.
KEY breaking out for a good 61.8% fib tradeLong Key using a triangle pattern and XABCD pattern shows an M pattern. KEY could be a great 61.8% fib trade.
Bullish Pennant EntryBreaking through previous peak with positive oscillator/indicator action & marabozu in formation
