read article here
394.74 is a crucial resistance level and it must be broken upon in order to see the bullish move.
As soon as cities worldwide start to re-open, more people would be able to go out and do their shopping. The rich and wealthy would still want the latest fashion bags and shoes , so the demand is not dwindling but being suppressed.
I show you this chart to demonstrate how you can make an informed decision with just one indicator - namely the 200-week ma.
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Read these articles here , here and here
The last article was a worthy read having compared the difference between a celebrity and an influencer. For an established brand like Nike, Pepsi, LVMH , I think they are likely going to stick to their advertising agency but are exploring using metaverse influencers to tap into the Gen Z markets. Times have changed...
LVMH is closing in on Tesla for the world’s ninth-biggest listed firm. It surpassed EURONEXT:500 billion, a first in Europe. Their leaders have switched places on the Bloomberg Billionaires Index, with Bernard Arnault now the world’s richest person with FWB:213 billion; Elon Musk is at HKEX:164 billion.
- Reopening of Chinese economy could save the luxury producers from dumping too low.
- Strong revenue and P/E ratios.
- Will enter the long at levels shown in the diagram, based on S/R and trend lines.
- Will hold the stock from mid to long term. This is not a short term trade.
"Companies like LVMH have high quality businesses, they compound profits over long periods of time and deliver great returns for shareholders," said Mark Denham, head of European equities at French asset manager Carmignac.
"It is true that the ratings of these companies have risen so it becomes slightly more asymmetric, but over the long term earnings compounding...
LVMH stock rallied and gained momentum after forming the Rounding Bottom pattern, now it is been trading in a downtrend channel, and, seems like it is forming it precisely because the price has been rejected by the upper side, so, if it confirmed to be valid, it will continue its way in the channel until the channel tests the last support, and when so, we'll see a...
LVMH - 30d expiry - We look to Buy a break of 713 (stop at 695)
The primary trend remains bullish.
Posted a bullish Flag formation.
A break of 714 is needed to confirm the outlook.
712 has been pivotal.
The measured move target is 760.
Our outlook is bullish.
Our profit targets will be 758 and 768
Resistance: 705 / 713 / 730
Support: 689 / 680 /...
My trading idea for LVMH - long / buy
Target: 690.00 EUR (approx. 10% profit potential).
LVMH with continuous growth in Europe and a recovery in the Asian market allow a positive outlook for the company.
Management is focused on the long-term development of the brands supported by strong sales data from the Q3 report.
On the chart, the EUR 610.00 support line...
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LVMH - 30d expiry - We look to Sell a break of 592.8 (stop at 611.1)
Short term momentum is bearish.
A break of the recent low at 594.7 should result in a further move lower.
540 continues to hold back the bears.
A break of support at 600 should lead to a more aggressive move lower towards 540.
We look for a temporary move lower.
Our profit targets will be...
might take a few years to reach the bottom of the parallel channel. I'm looking for a retest of the .236 fib line... Rising food prices, gas prices, and a steady uptick in inflation will cause Americans and others to spend less. However, I like the company just for the Hennessy aspect. Alcohol is Recession proof. There actually was a shortage here in the USA at...
Old Money Never
Goes Out Of
Style
www.lvmh.com
LVMH is home to 75 distinguished
Houses rooted in six different sectors
True to tradition, each of our
Brands builds on a specialty legacy
While keeping an unwavering focus on
The exquisite caliber of its products.
In The Words
Of
Chairman Bernard Arnault
"Our objective to strive for solid financial...
![MC: MC, LVMH,CAC40 [be prepare to short]](https://s3.tradingview.com/9/9Hh5yKSb_mid.png "MC, LVMH,CAC40 [be prepare to short]")
