sgzaman

$KEY - Double Rounded Bottom Pattern.

Long
sgzaman Updated   
NYSE:KEY   KeyCorp
#KEY Nice double rounded bottom pattern in the daily chart and a symmetrical triangle breakout in the weekly chart. The inner rounded bottom pattern made a higher high and on the verge of a breakout from the neckline(edge).
If it could make higher highs and higher lows it is very like that it will reach the neckline of the broader rounded bottom pattern and breakout may occur. The demand and supply zones are marked on the weekly chart.
Trade active:
Made the breakout from the first rounded bottom pattern and now a supply zone.


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.