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. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, LYV is showing a nice and steady performance.
LYV has an excellent technical rating and 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
6 important support areas can be observed.
We can see 2 important resistance areas.
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 worst case loss on the trade is limited to 4.10 points, which is 3.04%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.76%. |