Though 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.
Comment:
Seems like the first support line is broken. So this time I would look for an entry @398-399ish, and see if there is any rebound from that range. Of course dont buy stocks, but calls. So if that doesnt hold, start loading up puts.