MOET HENNESSY LOUIS VUITTON OTC:LVMHF MIL:1MC - Mar. 13th, 2024
BUY/LONG ZONE (GREEN): $939.75 - $1,000.00
DO NOT TRADE/DNT ZONE (WHITE): $896.00 - $939.75 (can be extended for $875.00 - $939.75)
SELL/SHORT ZONE (RED): $821.50 - $896.00 (can be shortened for $821.50 - $875.00)
Weekly: Bullish
Daily: Bullish
4H: Bullish
I labeled the end of the most recent...
LVMH has had one heck of a run from $39 in 2009 up to $996 in 2023.
But since April 2023, it just has NOT been able to break that $1,000 psychological mark.
And since the beginning of last year, we've seen it form a bearish Head and Shoulders pattern.
Now I am not a total bear yet. We do need the price to break below the neckline before we get all excited...
y name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️
I only focus on the higher timeframes because this allows me to massively capitaliz e on the major market swings and cycles without getting caught up in the short term noise.
This is how you build real long term...
OTC:LVMHF Hit the the trend line today with a huge gap down on volume, on no specific news is very negative but we need to see if it can hold or is going to break. Also at Fibonacci support.
#LVMH Moet Hennessy
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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Old Money Never
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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...
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...
