KeyCorp - Profit Potential
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 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 :)
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 :)
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