Artistic look"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
MC trade ideas
Louis Vuitton & Dow Jones 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 stock markets, the inversion of the curve predicts the trend change, I have devised a fractal system that predicts the yield curve, moving the Nzd Aud chart forward I get a fractal correlation that has existed for 25 years, will it continue to exist? if the answer is yes then it is telling us that the yield curve will change direction, but if it changes direction it means that the dow jones will also change direction, if this "law" is maintained, if the fractality is maintained I also have the information that will change the trend for Louis Vuitton too.
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
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.
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.
