LIVE NATION -- KAGI CHARTS -- POSITIVE moves!LIVE NATION KAGI CHARTS -- POSITIVE moves!
Seems to have created a bottom for its stock from the charts... IN THE TRADITIONAL KAGI PATTERNS,
IMO
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Disclaimer:
Always do your own due diligence, full research, and homework, and consult with your own licensed investment professional before any investments. Any comments and analysis seen here are personal opinions, and we are not registered or licensed in any jurisdiction whatsoever to provide any investing advice. Any analysis, charting and comments should never be used for the purposes of assisting in any advisory decisions with any stock purchase or sale, and never to be used on the basis of making any kind of investment decisions. It is for the sole purposes of opinions and thoughts only of the markets. Thank you.
L1YV34 trade ideas
LIVE Nation - LINE charting --- needs to get to $48 and aboveLIVE Nation - LINE charting --- needs to get to $48 and above --- to sustain the pattern UPWARDS. from what I see.
IN MY OPINION.
$53.00 TARGET for now..... hopefully...if it can sustain the pattern...
Based on 6 analysts offering 12 month price targets for Live Nation Entertainment in the last 3 months.
The average price target is $53.00 with a high forecast of $78.00
___________________________________
Disclaimer:
Always do your own due diligence, full research, and homework, and consult with your own licensed investment professional before any investments. Any comments and analysis seen here are personal opinions, and we are not registered or licensed in any jurisdiction whatsoever to provide any investing advice. Any analysis, charting and comments should never be used for the purposes of assisting in any advisory decisions with any stock purchase or sale, and never to be used on the basis of making any kind of investment decisions. It is for the sole purposes of opinions and thoughts only of the markets. Thank you.
Long term investment in entertainment During this stretch spending a lot of time at home, reflecting on many things, and looking for entertainment. Live nation is the worlds top provider of entertainment. When stadiums and venues can hold events, people will fill them looking for entertainment. A great investment for the long haul!
$LYV Live Nation Upgrade and Insider buyingBullish upgrades and insider buying in recent days
Alert set for break above $66.
Average analysts price target $77 \ Overweight.
7.45% short interest.
INSIDER BUY
Kahan James Director bought $276,000 of shares on Nov 8th.
TODAYS UPGRADE
Live Nation upgraded to Outperform from In Line at Evercore ISI. As previously reported, Evercore ISI analyst David Joyce upgraded Live Nation to Outperform from In Line with a $73 price target. The analyst believes Live Nation shares have "pulled back needlessly" following its Q3 earnings results, and recommended taking advantage of the pullback. Joyce sees 2020 as another year of "strong, double-digit" growth in adjusted operating income, or AOI, seeing 2020 AOI of $1.1B. He added that "concert-going is a recession-resilient business model" and as such, he doesn't see any potential recession impact.
Read more at:
thefly.com/landingPageNews.
Company profile
Live Nation Entertainment, Inc. is an entertainment company, which engages in producing, marketing and selling live concerts for artists via global concert pipe. It operates through the following segments: Concerts, Sponsorship & Advertising, Ticketing, and Artist Nation. The Concerts segment involves in the promotion of live music events in owned or operated and in rented third-party venues. The Sponsorship and Advertising segment offers sales force that creates and maintains relationships with sponsors through a combination of international, national, and local opportunities that allow businesses to reach customers through concerts, venue, festivals and ticketing assets, including advertising on websites. The Ticketing segment includes selling of tickets for events on behalf of clients and retains a fee, or service charge for these services. The Artist Nation consists of management services to music artists and clients in exchange for a commission on the earnings of these artists. The company was founded on August 2, 2005 and is headquartered in Beverly Hills, CA.
LIVE NATION AT MAKE OF BREAK POINT, BREAKOUT OR TOPPED OUT ?LOOKED LIKE A BREAKOUT WAS ON THE CARDS BUT THE DECLINE IN VOLUME HAS NOW SET UP A FAILURE, THE PRICE IS ALMOST AT THE AVERAGE ANALYSTS PRICE TARGET SO REVISIONS WILL BE NECESSARY, UPGRADES WOULD BE THE STIMULUS NEEDED TO BREAKOUT RATHER THAN CONSOLIDATE TO THE $63 UPTREND LEVEL. ALERTS ARE SET FOR BOTH OUTCOMES.
AVERAGE ANALYSTS ESTIMATE $69.89
AVERAGE ANALYSTS RECOMMENDATION OVERWEIGHT
COMPANY PROFILE
Live Nation Entertainment, Inc. is an entertainment company, which engages in producing, marketing and selling live concerts for artists via global concert pipe. It operates through the following segments: Concerts, Sponsorship & Advertising, Ticketing, and Artist Nation. The Concerts segment involves in the promotion of live music events in owned or operated and in rented third-party venues. The Sponsorship and Advertising segment offers sales force that creates and maintains relationships with sponsors through a combination of international, national, and local opportunities that allow businesses to reach customers through concerts, venue, festivals and ticketing assets, including advertising on websites. The Ticketing segment includes selling of tickets for events on behalf of clients and retains a fee, or service charge for these services. The Artist Nation consists of management services to music artists and clients in exchange for a commission on the earnings of these artists. The company was founded on August 2, 2005 and is headquartered in Beverly Hills, CA.
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.)