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Live Nation Entertainment Testing Resistance ... Analysis Enclosed




Live Nation Entertainment having previously tested long-term resistance, is susceptible to falling 15% - 20% over the following 2 - 3 months.


A weekly settlement below a near-term channel bottom would accelerate this downward process.


Inversely, a weekly settlement above long-term resistance would elicit a buy signal where gains of 20% would be expected over the following 2 - 3 months.

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