Live Ventures (LIVE) engages in the provision of online marketing solutions for small and medium business. The shares have soared, pulled back and soared again in a matter of a few days. Sound like other stocks in the news today?
Let's see what we might glean from a couple of charts.
In this daily Japanese candlestick chart of LIVE, below, we can see how prices exploded higher with a huge price gap and heavy volume. Prices corrected lower over the next seven sessions before rallying strongly Tuesday.