LYV – Bullish Breakout Above The White Resistance ZoneNYSE:LYV has been in a bullish uptrend since Feb 5, 2024 and is continuing to show some strength. I’m not interested in making a late entry here, but the key target is the previous $125.90 all time highs at the green trendline. I think LYV will eventually form a new all time high, but I’m not interested in taking a trade here. I would consider an entry within the white zone and preferably at or below the yellow support line. This yellow support line has presented the best buying opportunity, and I recently posted a similar setup for $NKE. It took several months of patience for the NKE setup, I think it will take a while for LYV to present a setup as well.
LYV
LYV to close its gap?Live Nation Entertainment - 30d expiry - We look to Sell a break of 73.58 (stop at 76.58)
The primary trend remains bearish.
We have a Gap open at 5/5/2023 from 67.07 to 74.19.
A higher correction is expected.
The bias is to break to the downside.
Trading has been mixed and volatile.
Our profit targets will be 66.08 and 64.08
Resistance: 79 / 81 / 83
Support: 77 / 73.70 / 70
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
LYV to breakdown?Live Nation Entertainment - 30d expiry - We look to Sell a break of 63.98 (stop at 67.01)
This stock has seen poor sales growth.
The primary trend remains bearish.
64.25 has been pivotal.
There is no clear indication that the downward move is coming to an end.
The bias is to break to the downside.
A break of the recent low at 64.25 should result in a further move lower.
Our profit targets will be 57.01 and 56.01
Resistance: 67.50 / 70.00 / 71.20
Support: 66.00 / 65.05 / 64.25
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Setup to sell LYV at 61.8% pullback level.Live Nation Entertainment - 30d expiry - We look to Sell at 76.20 (stop at 80.36)
Trading has been mixed and volatile.
Levels close to the 61.8% pullback level of 76.20 found sellers.
Daily signals are bearish.
Preferred trade is to sell into rallies.
This stock has seen poor sales growth.
Our profit targets will be 66.22 and 64.22
Resistance: 68.74 / 71.00 / 77.00
Support: 66.50 / 65.25 / 60.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
LYV - Get readyPlay here is technical, but a lot of backfire from regulation, compliance, lawsuits, and anti-trust issues may affect $LYV - as always, DYOR.
• Resistance was set back in May 2022 at ~$100, had a few tests to break through but never could
• Support @ ~$80
• Downward trend since Aug 2022
• Paired with a falling wedge
• Additional descending triangles appear briefly
• Potential new support at ~$65 - $70 range to be tested in the coming weeks
• Support turns to resistance, will see in ~3/4 months if it can break resistance
$LYV Live Nation - Possible Buy Zone$LYV Live Nation - Possible Buy Zone w/ 20-25% possible upside near term
Live music industry has come back strong over the last 6-9 months. I'm a buyer here as long as this doesn't break and close below $93. Look for a bounce back above $100 near term.
Near term target: $110+ by mid-June
Note: This is NOT investment advice. Opinion only.
$LYV Live NationWe should get a nice push to $123 and see some nice gains. Well above both the 21MA and the 200EMA and with the volume divergence shows the bulls still have control and should push through. RSI will easily push well into the overbought zone on news of Walmart being added to the executive board.
THIS IS NOT FINANCIAL ADVICE! THESE ARE ONLY MY PERSONAL THOUGHTS AND OPINIONS AND MAY NOT BE USED FOR ANY OTHER PURPOSES.
LYV: Potential R/R 3 tradeCurrently in an uptrend.
Doji with increased volume on both a horizontal + trend line support.
Good to enter tomorrow at market open. If it gaps, anything less than 1% should still be fine.
Target profit 1 at $90, giving us about R/R 3
Target profit 2 at $92.50.
Stop loss at about $78.50
Disclaimer: I'm not giving any trading and investing advice. I'm just sharing my chart observations.
If you have any symbols that you'd like me to analyze, feel free to drop me a comment.
ridethepig | A -50% correction for LYV in play📍 The best move, since the highs are defended from the earlier developments is not really to get into the heart of the issue. Rather we need to discuss the configuration and how to build the trade around the freefall.
LYV (Live Nation Entertainment, Inc.) is particularly exposed to pockets of further lockdowns which we are already starting to see in some states. As will sadly become clear approaching elections is in a certain sense the vaccine promotion will become more about substance rather than headlines. And now, I ask you; why does this matter for sellers?
The headlines driving businesses exposed to social distancing restrictions are coming to the end of the dead-cat-bounce. It is unlikely we see moderations of social distancing until early-mid 2021 and depending on the severity of the second wave, 2022 expectations can be hit badly meaning instead of finding a strong bid at the lows we can enter into an inertia free fall until we clear the virus completely.
Thanks as usual for keeping the feedback coming 👍 or 👎
$LYV Wedge Almost Complte | Take OffBreakdown of $LYV Live Nation Trading With Options
Estimated Play Time:
- Trade 1: 4 Days
- Trade 2: 18-22 Days
Trade 1:
- LYV $45 Put 7/17 @ $350 per contract, looking to flip the premium. Most likely won't hit in the money, don't be greedy.
Trade 2:
-Buying the breakout: This massive wedge should result in a overall move to $55 within the next month of so.
When the time is right, we will be looking to grab
- LYV $50 Call 7/17 @ Contract should be around $120 (currently sitting at $198)
Do not trade this you will lose money
DotcomJack | Easy Loot | The Dotcom Takeover
LYV - Live Nation - Sights Set Towards 2021Not a single concert in sight, but Live Nation is about to close a deal within a week that should secure them around $1.2 Billion to stay afloat for the time being. The 6.5% senior secured notes will be used for general corporate purposes and will be due in 2027. (Their previous loans are first due in 2023). Since March 12, concert revenues dropped 24.6% in the first quarter and I'm assuming the 2nd quarter results will be even worse, just not sure if that's already priced in to their stock price even though revenue and earnings per share (EPS) forecasts were both revised downwards. If they're able to secure this funding, this should buy them enough time to when things go back to "normal", which we're not exactly sure what the new norm will be.
TA:
We're seeing a similar pattern in LYV that we have seen in a lot of other stocks, especially those in the entertainment/hospitality sector. We had a bearish pennant, and as expected, price has broken out downwards out of this pennant and looking for support. First support level we're looking for is around $34.88, followed by $22.18 levels. I like LYV for the long run so will be picking up some when we see some solid support occurring. We're going to keep out outlook Neutral for now as we wait to see if the funding is secured and we're still looking for some support.
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on here, expressed or implied herein, are committed at your own risk, financial or otherwise.
LYV - H&S formation short from $40.93 to $35.23LYV seems breaking down from a H&S formation. It has a lot of insider selling in very big %. Money flow deep into the negative side. We think it has strong downside potential.
* Trade Criteria *
Date First Found- March 23, 2018
Pattern/Why- H&S formation
Entry Criteria- $40.93
Exit Criteria- $35.23
Stop Loss Criteria- $43.07
Indicator Notes- Twiggs money flow deep into the negative
Special Note- Big insider selling
Please check back for Trade updates. (Note: Trade update is little delayed here.)