jaxdog

$LYV Ready to Break Out?

Long
NYSE:LYV   Live Nation Entertainment, Inc.
Live Nation $LYV Just check out the volume on the two Pocket Pivots I've pointed out on the chart. Wow, that's a lot of buying and it ain't Aunt Betty. As the economy continues to open Live Nation stands to make a lot of money! I'll be looking to go long over $93 with my stop below what I have drawn as the resistance area, hopefully to become support. All TBD. Ideas, not investing / trading advice.

I can also see a Cup with Handle Formation on this chart and over $93 would be the proper buy point.

Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.

I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
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.