New York (January 8th, 2013) - KeyCorp. (NYSE: KEY), a provider of a range of retail and commercial banking, commercial leasing, investment management, consumer finance and investment banking products and services, is seeing significant activity in trading today.
At last check, KEY was trading 0.11% lower at $8.96 on volume of 17.42 million, which is significantly above the daily average volume of 12.40 million. KEY has had an excellent run over the last week, finishing higher in each of the previous five trading sessions. The stock, however, is facing stiff resistance at $9. The upward trend could continue if KEY breaks through this level.
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Micron Technology Inc. (NASDAQ: MU), a worldwide manufacturer and marketer of semiconductor devices, is marginally higher in mid-day trading today, extending its gains from last week. MU rebounded sharply last week from $6.20 support level. The stock had come under selling pressure after the company reported its quarterly results on December 20, 2012.
MU has broken through $7 resistance level as a result of the week-long rally. Technical indicators suggest that the upward trend will continue.
Find out more about MU by getting the free full report here :
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