LYV – Bullish Breakout Above The White Resistance Zone
87
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.
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.
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.