A rectangle pattern has formed in the chart of LivaNova (LIVN). A rectangle pattern is when a stock stays within a sideways trading range and a resistance level and support level are formed….
LivaNova (LIVN) is a U.K.-based medical device firm primarily focused on cardiovascular and cardiopulmonary solutions and neuromodulation devices for treatment-resistant epilepsy and depression. The company is in the midst of presenting findings of Autonomic Regulation Therapy for heart failure at the European Society of Cardiology Congress, which is running through tomorrow.
Take a look at the 1-year chart of LIVN below with added notations…
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