Personally I will wait for a close above the entry line
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Keycorp's announcing price target of $42 in this mornings pre-market was a little bit of a dagger for us retailers here. Sounds like good news, but in reality we may see some consolidation at the current level for the short to mid-term.
If you are looking to acquire a large amount of shares, great. But if you are looking to take a small position (Me) compared to the overall market, this will likely see some shake outs and accumulation until that price target is reached. As a small investor like myself, time is money and this one might be tough for me to leg out.
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If you are looking to acquire a large amount of shares, great. But if you are looking to take a small position (Me) compared to the overall market, this will likely see some shake outs and accumulation until that price target is reached. As a small investor like myself, time is money and this one might be tough for me to leg out.