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Live Nation (LYV) a favorite reopening play with an explosive weekly chart set-up

Live Nation (LYV) a favorite reopening play with an explosive weekly chart set-up

by | Sep 23, 2021 | Chart SetUps

Live Nation (LYV) is a favorite reopening play after our recent write-up on the fundamental outlook and a name with size bullish options positioning. The weekly is strong here looking to clear this consolidation range and looks similar to many travel & entertainment names with some positive news flow this week. LYV is also nearing a bullish MACD cross on the weekly and looks to have plenty of power to push above $100.