Jun. 1 at 2:47 AM
$LYV (Live Nation Entertainment) is coiled up tight around
$171.14, compressing in a massive ascending triangle right below its
$175.14 highs. Despite ongoing regulatory headlines, strong earnings prove live concert demand is still an absolute powerhouse.
📈 The Setup: The ascending support trendline is holding flawlessly. Adding serious fuel to the fire, a massive
$2M block of June
$170 Calls just hit the ask—smart money is positioning heavily before the move.
🐂 Bull Trigger: A clean daily close above
$173.00 triggers the breakout, opening the door for
$175.14 and a rip toward
$181.11.
🐻 Bear Level: A rejection here that cracks
$167.00 trendline support hands control to the bears for a flush down to
$150.00 and
$135.77.
📊 Trend Lean: HEAVILY BULLISH — The chart is a ticking time bomb and aggressive tape action suggests a major breakout is loading.
#lyv #livenation #stocks #hovdid
