Looks like a bull flag (o: Lots of bottoms on this one.. No rising wedges in yearly chart.. Earnings estimated 2-24 and they do miss )o: Short interest 6.6% depending on where you look..Looks like this one can be volatile if it feels like it (o: Not a recommendation.. Long term high is 131.54 LivaNova PLC, a medical device company, designs, develops,...
Posted about this setup few days ago and now a symmetrical triangle is forming inside of the bigger 4 month rectangle chart pattern. A daily close below symmetrical chart pattern will set the stage for the next leg down in the stock.
Quite a few short plays are setting up on my watchlist. I've posted few yesterday and here is another one. An almost 4 month rectangle setup on NASDAQ:LIVN with the latest bounce from support stalling at the 20 MA and turning back down indicating possible weakness that could lead to a breakdown out of the rectangle chart pattern.
Detected this morning!!! LIVN: LivaNova Received: 2018-06-14 09:00:07 Detected possible FDA approval
LIVN Buy Opportunity as Price Bouncing from 50EMA with Bullish Pinbar LIVN