The bullish lifeline of Live Nation may be running out.


Its industry is weak. Fundamentals are weaker. On technicals, it is reversing at a major Direction line and breaking below Daily Memory support with bear Release signal. The headwind reversal signal came a few days ago.

2 0 Industry Scorecard.jpg  3 0 Fundamental Snapshot.jpg  4 0 Technical.jpg 
Did you take any trade in $LYV based on my CUE analysis yesterday in the forum?

I did and achieved more than 30% profit in a day using Put Options.

1) I shared the bearish analysis yesterday. I took a Put Options bearish trade at that time. It closed at the day's low.

2) Today the stock fell further.

3) I have more than 30% profit in the trade and will make sure that I book some profit from it.

4 0 Technical.jpg 

Disclaimer: This site is for educational purposes only, explaining the use of CUE systems and techniques. It is not for trade advice. Trading involves risk. You and only you are solely responsible for the outcome of your trades.

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