Live Nation Entertainment, Inc. ( $LYV )- Weekly Chart - December 2019

Best Stock To Buy – Live Nation Entertainment Inc. ( $LYV ) – December, 06, 2019.

Live Nation Entertainment Inc. (LYV) – stock is trading around $70.13 dollars as of December, 06, 2019 and offering a possible buying price between $70.13 – $73.64. Let’s look at the stocks technical actions using a weekly chart.

Live Nation Entertainment, Inc. ( $LYV )- Weekly Chart - December 2019
Live Nation Entertainment, Inc. ( $LYV )- Weekly Chart – December 2019

2.  The stock brokeout in end of June and had a quick, but a nice run followed by that.

3. Then stock started recede and lost the 50 day moving average (DMA) support.

4. The stock also witnessed couple of weeks heavy volume sell off during the downward move.

5. But, it found support at the 200 DMA which also served as a turn around.

6. The stock regained the 50 DMA support line in recent weeks.

7. The stock is offering possible buying price between $70.13 – $73.64, with a stop loss at $64.52.

This stock is already part of the Stocks Under 100 Dollars pick and performance will be tracked here .

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