Classic Bear Flag on KeycorpKeycorp and regional banks in general are being pulled down by the decline in the U.S Mortgage and Housing Market
KEY trade ideas
KEY FOR LAST EXIT SHORT IT ! We made amazing profits all of my choices. every risks pays me very well :)
KeyCorp - Profit PotentialThe 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 last pump at September 2016. the RSI > 50, a positive sign to buy and hold this asset, but the MACD indicator is trying to fall down and cross the signal line, but we don't make a decision with only one indicators. Also the bad thing is a possible resistance level, maybe it hasn't the power but in the theory it can stopped the uptrend on some time.
3 Months TF also has a positive sign to buy, the MACD is very bullish, the RSI >50. But the new 3 Month session starts at 1st October and we need to be ready for the price correction at October, November and December.
A lot of investors buy shares to make a divi portfolio, and this stock is one of them, the dividend yield is 3.19% and other data as earnings and revenue rose at 2Q 2018. There is no doubt that Key could be a good investments for a long-term.
I continue to follow the trend and update with TA every month.
ENTER: $19, 20, 21
CLOSE: $26
Likes/Comments. Yes, please :)
BUY! INDICATORS BULLISHThis bank popped up on a detailed scan today.
Charts look great!
Indicators are BULLISH
POSITION: 10,000 SHARES
PRICE: $21.50
KEY Detected possible stock repurchase!!!KEY: keycorp
2018-06-28 16:40:51
Detected possible stock repurchase
KEY short at resistancetrailing 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.
KeyCorp - downtrendToday 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***
KEYCORP SHORT (UPDATE)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 I'm not going to be banking on this. I say whilst we're still in the profit we pull back on our original bias and just go long on this soon, the big short on this stock is coming just not now. I don't believe our bias is short term at all.
Currently there's a chance to go long on this, potentially wiping out our current resistance. This could be a very lucrative trade however one thing to consider is the fact that our bias doesn't guarantee a profitable trade on this stock. It's ultimately the market's perception of this stock which will shape it's future.
HOWEVER.
Let's sit back and see what happens, expect more updates on this guys!
Bank vs. Cryptocurrency #22 (KEY)From Left to Right 2008 highs
Major resistance line around 19.60 or 20.00
(Red Arrows) Resistance becomes Support
Dear Reader
Do not conceptualize this idea.
For that you need to train your eyes for many years, make mistakes for many years.
and thus eliminate thoughts from your mind.
Mushin
en.wikipedia.org(mental_state)
KEYCORP SHORT!I'm anticipating a break of this Ascending Wedge in the near future, to the downside target of 16.00 & 13.00.
We could see some fluctuations whilst prices are breaking our key level at 20.00.
HOWEVER.
A break of this level will add further confirmation that my targets are both realistic and probable.
Volume: 8.008M
EPS: 1.28
Market Cap: 22.656B
P/E: 17.00
Div Yield: 1.97%
TP: 16.00 & 13.00
KEY - Do I pullback too much or KEY does?Price is broke out of ascending 2017 resistance, but has seen some slowing in momentum.
It could consolidate here and prepare for another upward move or it could pullback.
Mr. Market tells me to short for the pullback yet again.
Stop at 22.00
Target at 20.84
Classical rectangle & T 22.5KEY appears to have completed a classical rectangle continuation pattern. If this is valid, monitor support at 19.1 and T 22.50
KEY: After almost a year of trading sideways, KEY has broken Out in phenomenal fashion with a cross of the 20 sma and 50 sma over the 200 sma.
Need Volume ConfirmationClear base and move beyond it. Need a volume confirmation to provide long entry. Room to run back to ATH if it can sustain...
KEY Bearish Crab with internal AB=CDKEY is showing a pretty well measured bearish crab and has an internal AB=CD on the last leg. It's also showing a little divergence on the MACD. Overall, I believe momentum is beginning to shift downwards, so snatch up some of those January just OTM puts.
KEY D NYSE Updated 11/19/2017Width fork is drawn in signalling a potential move to the downside. Look to see how this closes in the next couple days.
KEY to buy!We have a nice entry here, and a nice risk/reward as well.
Eventough I set my personal take profit to only 19.50 (as it is more realistic) it still is more than 1.20 per share of winnings.
Just wanted to let you know about this one =)
Trade safe and only swim where its not too deep ;-)
$KEY...well shit...-ER today. ER was good if you ask me...but has faced a large sell off....
-My trade plan was to sell once it broke the price action trend line and or the RSI trend line.... Well both happened today... very aggressive thou when it happened however. Was hard to just say "sell" because they were breaking down so hard.
-I did not specify whether to sell intraday on the break or at close. This was a pit fall in my trading plan. ----> on that subject: had I chose to sell intraday I would have been out of this one a few days earlier, because they crossed that RSI line intraday; however they rallied before day close and thus they did not record a break in that RSI line that day. Just food for thought. BAC had a similiar case on the same day they bounced off their RSI Line.
Entered for a short term tradeVolume was good and had to days of break out. I entered at 18.60
Been kinda stale since then. But having patience. I should have used the gap and go strategy this morning and bought at the first green bar on the 5 minute after the first red bar.
Stop loss at 18.30
Let me know your thoughts people.
My questions: When should you enter on the intraday? And what should the time horizon be for a play like this. Targeting only a 5% return.
Blessings!
