RE: My guess I'll bite.....what's so special about the $43 level (as opposed to +/-$1 for example)? From the charts, I see an oversold situation as the only possible stop to this, with a MACD not turning over yet, and no clearly delineated suppport lines that I can convincingly draw (many smaller ones though).
Also, for "flushing out", I'd expect higher volumes, but they've been falling back to normal of late.
This is not meant to be negative as I like following TA, but rather hoping to be educated here using these charts. Thx for any enlightenment.
On another note, I wonder if some rotation might be happening. If KEY is in a period of weak fundamentals for 1 to 2Q's (such as postulated by at least 1 BNN guest this week), maybe there's a slow migration to other pipes with better short term fundamentals and higher yields (and who are raising their divis)?