LVMH has been good to me in in 2018. So far I've had two correct calls and I hoping that this would continue the positive trend.
The sector has been hot however valuations are quite elevated. Also, these are pure bull market stocks which has a wealth effect on both the upside and downside.
On Oct 9 we saw a breakdown on high volume while the recent uptick has...
You love France? Me too! Here is the analysis of LVMH for the end of the day.
This analysis used Fibonacci and my indicator called "Min_equity_Thesis_indicator" in Public library of Trading View. I estimated the way of LVMH over the next day.
But in Short term my signal is short with a target price of 1.23.
If you have any comment, let me know.