$LYV Looks for New High in “Go” Trend

$LYV Looks for New High in “Go” Trend

13

February 2025

By

Alex Cole

$LYV entered a new “Go” trend in January.

This came after GoNoGo Oscillator broke back above the zero line and GoNoGo Trend painted a string of amber “Go Fish” bars of uncertainty.  Since then we have seen price race to a new higher high a week ago.  We saw a Go Countertrend Correction Icon (red arrow) following that high which informed us price may struggle to go higher in the short term.  Indeed, GoNoGo trend painted a few weaker aqua bars.  However, GoNoGo Oscillator has quickly found support at zero on heavy volume and so with momentum resurgent in the direction of the “Go” trend, we will look to see if this gives price the push it needs to climb to new highs.

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