Technical Breakout Setups. Analyze the stocks with the best technicals forming a breakout setup pattern at the moment.
We assign a technical rating of 8 out of 10 to LYV. Both in the recent history as in the last year, LYV has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, LYV also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 134.65, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
104.43
When analyzing the support we can see 6 important areas.
When analyzing the resistance we notice one important area.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
135.08 | 130.98 | 4.10 (3.04%) | 25.00% |
An entry @135.08. This is a Buy Stop order right above the resistance zone. | An exit @130.98. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 4.10 points, which is 3.04%. | For a 0.76% total portfolio risk, you can invest 25.00% of your capital in this trade. |