MC/N trade ideas
LVMHHello 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 support
point, as well as the 100 Moving Average and the 200 Moving Average.
MC is forming Head and Shoulder 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.
LVMH Long IdeaLogic: 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.
LVMH Bullish ScenarioAnalysis :
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 form e.g. bullish engulfing , pinbar , Inside bar etc,
Initiate BUY order,
Targets are TP1 to TP3,
SL Under the support Area.
/!\** Disclaimer**/!\
The scenarios described in this analysis are subject to change at any time without prior notification. This analysis is provided as a decision support.
Traders! | if you like my analysis and it supports you in your trading decisions, please say it in a comment so we can manage the trade together.
Thanks.
BEARISH - LVMH 60MN - IDEAS WHYSuper 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 level.
-Possibility to go further down.
- Otherwise the market could again test the VWAP.
Decision will then to be taken after observation of new pullback or break.
Short LVMH Upper support - Luxury goods in a recessionLVMH looks way too overvalued considering unemployment, furlough and economic retraction
LVMH : Prenez vos profits maintenant ou BUYUn belle journée sur LVMH en SELL.
Nous suivons le cours pour de nouvelles alertes.
LVMH will follow the correction market?Double top validated with gap run away. I recomend to sell LVMH title or get rid of this from the portfolio.
Strong stock LVMH is doing well if you compared it with the 2008 crisis level we are just below 301 a strong support and we might go toward 238.8 or even lower but unless we close below 140.95 LVMH might be a good stock to have in your portfolio
For long term investors the EPS = 14.25 and Dividend yield 2.16% you could wait for 238 to start buying it
DFT Weeklu mapping - L.V The TruthShort as per Chart.
Distribute your bag in three long in the demand area till the next support in the green cloud. Put a tight SL 3% below this trend, wait for new start.
One DAY one BURST : Good bye Vuitton.Hello guys, as you can see since Yesterday CaC 40 is my new victim.
What is MC ?
MC/LVMH : is a French multinational luxury goods conglomerate headquartered in Paris. The company was formed in 1987 under the merger of fashion house Louis Vuitton with Moët Hennessy, a company formed after the 1971 merger between the champagne producer Moët & Chandon and Hennessy, the cognac manufacturer.
LVMH has take the lead of the luxury market and is showing huge returns.
My view :
Much actions on the CaC 40 and more generally in Global Stock market are showing signs of parabolic growth. Everyday i select an action where i see sign of weakness in the parabolic structure. This type of trade is highly speculative but offers huge returns.
Technicals :
The 5rd wave is extended to 4.618 of the 1, that's show over price territory.
RSI and MFI are both overbought and divergent.
In Hyperwave theory the parabolic structure looks complete.
Type of Market : Irrational (Bubble).
Type of trade : Reversal.
Stop loss : 416.
I hope you are enjoying this post, please like, share and comment to show me your support.
Let me know in the comment section which chart (Stock/Forex/Crypto) you would see me to analyse.
DISCLAIMER : I'm not a financial advisor. You trade at your own risk. I can't be responsible for your losses.
LVMH IMOThough climbed like insane after 2009, I still think that LVMH is a great asset to purchase. As the graph presented, the stock is currernetly price at a farily lower end in a zone formed since October,2019. Though the market has priced in a fast solutiion to the corona, I still think LVMH, or luxury stocks in general still have a lot of room to run. First target would be place @423.85, the middle of ichimoku clouds. The second price target would be placed @437.952, according to Fibo calculator. The best it can reach would probably be @445ish, but I would not suggest you to hold till that target is reached. Overall, I would evaluate LVMH as a "Bullish" stock to buy.
