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Is This the Top for Live Nation Entertainment, Inc. (LYV) - Tale of the Tape

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October 17, 2013 — 04:45 am EDT

Written by Zacks ->

Live Nation Entertainment, Inc. ( LYV ) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because LYV is now in overbought territory with an RSI value of 70.2. Furthermore, estimates for the Live Nation Entertainment, Inc. have been coming down, pushing it to Zacks Rank #4 (Sell). This suggests that investors may better off exiting this stock before it falls back to Earth.

LIVE NATION ENT (LYV): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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