Live Nation Entertainment LYV Trading Report

January 26, 2022, 14:00 pm ET, BY Jeff W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Technically, Live Nation Entertainment (NYSE: LYV) provides opportunities for traders who are watching the price of the stock oscillate over time.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for LYV change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

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Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if LYV is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for LYV too.  All of these are offered below the Summary Table.

Longer Term Trading Plans for LYV

• Buy LYV slightly over 103.21 target 115.20 stop loss @ 102.91 Details

The technical summary data tells us to buy LYV near 103.21 with an upside target of 115.20. This data also tells us to set a stop loss @ 102.91 to protect against excessive loss in case the stock begins to move against the trade. 103.21 is the first level of support below 108.15 , and by rule, any test of support is a buy signal. In this case, support 103.21 is being tested, a buy signal would exist.

• Short LYV under 115.20, target 103.21, stop loss @ 115.53 Details

The technical summary data is suggesting a short of LYV as it gets near 115.20 with a downside target of 103.21. We should have a stop loss in place at 115.53though. 115.20 is the first level of resistance above 108.15, and by rule, any test of resistance is a short signal. In this case, if resistance 115.20 is being tested, a short signal would exist.

Swing Trading Plans for LYV

• Buy LYV slightly over 111.77, target 115.20, Stop Loss @ 111.45 Details

If 111.77 begins to break higher, the technical summary data tells us to buy LYV just slightly over 111.77, with an upside target of 115.20. The data also tells us to set a stop loss @ 111.45 in case the stock turns against the trade. 111.77 is the first level of resistance above 108.15, and by rule, any break above resistance is a buy signal. In this case, 111.77, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short LYV near 111.77, target 105.62, Stop Loss @ 112.09. Details

The technical summary data is suggesting a short of LYV if it tests 111.77 with a downside target of 105.62. We should have a stop loss in place at 112.09 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 111.77, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for LYV

• Buy LYV slightly over 109.11, target 111.77, Stop Loss @ 108.86 Details

If 109.11 begins to break higher, the technical summary data tells us to buy LYV just slightly over 109.11, with an upside target of 111.77. The data also tells us to set a stop loss @ 108.86 in case the stock turns against the trade. 109.11 is the first level of resistance above 108.15, and by rule, any break above resistance is a buy signal. In this case, 109.11, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short LYV near 109.11, target 105.62, Stop Loss @ 109.36. Details

The technical summary data is suggesting a short of LYV if it tests 109.11 with a downside target of 105.62. We should have a stop loss in place at 109.36 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 109.11, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

LYV Ratings for January 26:

Term →	Near	Mid	Long
Rating	Strong	Strong	Strong
P1	0	0	92.55
P2	103.39	105.62	103.21
P3	109.11	111.77	115.20

Support and Resistance Plot Chart for LYV

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