MIL:LVMH Monitor Brand Reputation After #Lisa from Blackpink announced to be Global Ambassador for Celine for Year 2020" She is A queen of Sold out from cent to Million when wearing it.
The stock is currently buying as long as it is inside the price channel, and any break down means a change in the trend and the possibility of its collapse
Intermarket correlation between Dow Jones and Louis Vuitton , and the fractal correlation between Yield curve ( US 10Y - US 02 Y ) and NZD AUD shift forward 353 weeks ,this technique of moving forward is used by Larry Williams and aims to align the same Wyckoff phases of two out of phase, unrelated graphs. The Yield curve is the most powerful indicator for the...
LVMH : luxe very bull, trend line and resistance
big potential for LVMH to go down
Hello everyone, A good opportunity has been detected on the LVMH stock. After strong upward movement on the LVMH stock, the price found resistance on a strong resistance level, pulled back and is currently correcting to the downside. We are expecting the price to reach approximately the 390.500 price area, where we have a 50.0% Fibonacci retracement level, a...
It is now forming the right shoulder. When price drops to 365, the Head Shoulder pattern will be complete. Expect to drop to 314 if the pattern is confirmed.
Logic: in confirmed uptrend following steep correction & 2 month sideways consolidation. Entry: €365 or better, (ideally to be bought on a pullback into 200D EMA in the €360-€365 area). Stop: €343 Risk: -6.03% Target: €403 initially (gap close), longer term €426, yearly R1 area. Gain: +10.41% & longer term +16.71% Note: longer term play in the strongest luxury name.
Let's see how premium brands are gonna handle all this economic shit show 🤪
Analysis : Price Breakout our resistance First resistance Area wish become a support area, Price beakout above a descending channel, The breakout was followed with huge volume Scenarios: Buy : Wait For breakout confirmation, Wait for the price to bounce on the upper bound of descending channel, Wait for the rejection candle pattern to...
Super strong resistance up there at 362.60. Atfer a series of testing the market breaks the uptrend support to end out breaking also the VWAP with strong volumes as a backup. Last volume is the biggest and the tentative of new uptrend signal has been rejected at the VWAP. Coming next: - Most likely a bearish movement targeting first the 328.30...
LVMH looks way too overvalued considering unemployment, furlough and economic retraction