If you look at the chart for LiveDeal, you'll see that this stock recently gapped up sharply from $2.27 to $5.34 a share with monster upside volume. Following that move, shares of LIVE pulled back to right around its 200-day moving average. Shares of LIVE have now resumed its uptrend, with the stock moving higher from that $3.45 low to its recent high of $4.94 a share. Shares of LIVE are now starting to bounce right off its 50-day moving average of $4.08 a share and it's quickly moving within range of triggering a big breakout trade.
Traders should now look for long-biased trades in LIVE if it manages to break out above some near-term overhead resistance at $4.94 to $5.34 a share with high volume. Look for a sustained move or close above those levels with volume that registers near or above its three-month average action of 1.71 million shares. If that breakout gets underway soon, then LIVE will set up to re-test or possibly take out its next major overhead resistance levels at $6.24 to $7, or even $8 a share.
Traders can look to buy LIVE off weakness to anticipate that breakout and simply use a stop that sits right below its 50-day moving average of $4.08 or around its 200-day moving average at $3.77 a share. One can also buy LIVE off strength once it starts to clear those breakout levels with volume and then simply use a stop that sits a conformable percentage from your entry point.
To see more breakout candidates, check out the Breakout Stocks of the Week portfolio on Stockpickr.
-- Written by Roberto Pedone in Delafield, Wis.
The current stock price is way too low based on double digit to triple digit revenue growth model presented by CEO!
Since no one provide coverage on this stock and this stock has not been on Wall Street radar! The possibility LIVE will generate $120 millions advertising revenue in 2 to 3 years is high! The stock price will climb above $350/sh to $600/sh in 2 to 3 years!
It announced yesterday! $5/sh is coming...
The buyout news may hit the ground any time!
Shuttle is blasting off ...
The train is leaving station now...
LiveDeal (NASDAQ: LIVE) launched its real-time instant deals platform www.livedeal.com in the $683 billion dining industry in late 2013 with the business owner in mind. Unlike Groupon and other competitor sites that offer restaurant deals on their platform, LiveDeal's approach has been to essentially offer a marketing/advertising tool to restaurant owners that allows them to drive business to their locations when they need customers most. The company's concept puts the power in the hands of the restaurant, and in only 9 months that concept is clearly catching on.
Let's face it consumers always want a great deal, and they'll find it if it's out there, but restaurant owners don't always need a flood of hungry diners overwhelming them after finding a promotion on online/mobile deals sites. LiveDeal gives restaurant owners the ability to control their traffic, and with the growth of the company's platform, it appears both consumer and restaurant owners have found a winner.
As of the end of May, the company's mobile platform had 10,000 restaurant deals available at over 8,000 dining locations in 35 major US cities. These numbers are likely higher now and reflect a recognition of a better way to market and a smarter tool for advertising that makes the most sense for their own business plans while growing their customer base.
LiveDeal is currently involved in an advertising campaign to attract additional restaurants to its platform, but drawing business owners to www.livedeal.com probably doesn't take much convincing given it enables restaurants to create limited-time offers and publish them immediately or on a preset schedule that is fully customizable to their needs.
In 9 short months, the platform has proven to be an easy sell. It gives restaurants the freedom to choose the days, times and duration of the offers. Target Price $60/sh in 6 months.
Explanation needed! Unfair trade!
It is not fair to go down...
GM, Chrysler, and Ford will come to ask PLUG POWER to provide Fuel cell Car technical assistance.
Test driver said the experience was great just like Tesla Electrical Vehicle. The car can be sped up to 90 mil per hour quickly, quicker than Tesla Electrical Vehicle...
Hyundai Motor America took a small step into the futuristic world of fuel cells last week, handing over the keys to the first customer of its hydrogen-powered car.
Known as the Tucson Fuel Cell CUV, the new car is said to be the first mass-produced vehicle of its type. Hyundai plans to build and lease approximately 1,000 of them by the end of 2015.
Experts caution, however, to not read too much into the event. “For the average consumer, this isn’t going to be a viable option in the near term,” Cosmin Laslau, research analyst at Lux Research Inc., told Design News. He added that the cost of hydrogen fuel is still too high, infrastructure too sparse, and the vehicle itself too costly.
Hyundai is believed to be absorbing much of the initial cost of the cars. It leases them for $499 per month to Californians, who must live within range of nine hydrogen refueling stations, mostly in Los Angeles and Orange Counties. The lease term for the vehicles is three years, 36,000 miles.
Lux Research expects production of such cars to be miniscule until the initial cost comes down. “The vehicles need to get to a price point of $30,000,” Laslau told us. “Right now, we believe they are a factor of two to three times more than that.”
In a press release, Hyundai said it introduced the Tucson Fuel Cell “to alleviate the limitations of traditional battery electric vehicles.” The new vehicle offers a driving range of 265 miles, is capable of refueling in less than 10 minutes, and exhibits minimal cold weather effects, making it a superior alternative to an electric car with a big battery, the company claims.
But much remains before fuel cell vehicles can compete with battery-electric cars. Refueling stations are virtually non-existent in most parts of the country, making it almost impossible for automakers to sell the vehicles in many locales. Moreover, the cost of stations is believed to be as much as $1.5 million apiece, making the uptake more difficult.
Just Like Tesla Electrical
Buying more on Monday and waiting for news!
My bet on...
Lots of money manager want to see it???
What do you think?
We will see if the stock swap for $20/sh deal will become reality...
Soon the major news hit the ground...
The drugs are in phase III now! Major news coming and the stock price is way too low!
It is way undervalued now! It should have been traded at $5/sh now!