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LYV
Benzinga
174 days

Stock Of The Day: Where Does The Live Nation Sell-Off End?

1. LYV experienced a sell-off of 6.5% recently. 2. Support may form around $138.45, potentially halting the decline. 3. Remorseful sellers may reinvest if the stock reaches previous resistance. 4. A bullish engulfing pattern could signal a trend reversal. 5. Recent bearish patterns have preceded the downtrend.

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FAQ

Why Neutral?

The recent sell-off indicates short-term weakness, yet potential support exists around $138.45.

How important is it?

The article discusses technical patterns and trading behaviors directly impacting LYV's volatility.

Why Short Term?

Immediate trading patterns suggest quick potential reversals, as seen in previous price actions.

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