LiveXLive Idea
Updated
I have always liked this one since they bought Slacker. I see sideways movement until a catalyst drives it upward. It will happen because Livx is very active in finding shows to stream and stays engaged with its customers. I have never understood why other platforms seem to be valued more than this one, especially when they make no effort to catch more market share or receive input from their customers.
Here there is a strong channel it has been holding, allowing for buyers to continue to come in lower, only for it to rise later.
Yellow is strong support level.
A lot of analysts have this as a strong buy, and who can argue with that after doing DD? Good for the long term.
I am not your financial advisor, please do your own research and DD.
Here there is a strong channel it has been holding, allowing for buyers to continue to come in lower, only for it to rise later.
Yellow is strong support level.
A lot of analysts have this as a strong buy, and who can argue with that after doing DD? Good for the long term.
I am not your financial advisor, please do your own research and DD.
Note
Gramophone media being acquired by LIVX. This will increase revenue overall and is bullish. I see this being a catalyst for new support levels. Top of channel should become new bottom support level.Updated path.
Note
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