1Wk·

LVMH short

In my opinion, it's time for a small correction 😈 and today the stars are aligned, especially favorably for LVMH

$MC (-1.43%)

22.08

UNL

Unlimited BEST Turbo Certificate on LVMH Moet Hennessy Louis Vuitton SE

Bought x42 at €8.71

€365.82

12 Comments

Sansebastian@Sansebastian

1Wk

Why should the share undergo a correction? It looks bullish above €500

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OneRiff@Oneriff

@Sansebastian, no correction, it is already been done. above 500 bull!

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Andre@DivGrowth1989

1Wk

I also do not believe in a further correction, as in my opinion the "bad" H1 figures etc. have already been priced in. Everyone knows by now that the current environment is difficult for LVMH and that Hermes is currently performing much better....
The current valuation is within a fair range from a historical perspective.

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Mav83!@Maverick4831

1Wk

Running DCA with me, I am Long🤞🏼

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Jarod@TradingHase

1Wk

Is there a new handbag in the pipeline that could influence the share price? 😉 I've been following the share for a while, but it's still too expensive for me.

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Kate🦋@Iwamoto

1Wk

@TradingHase I am betting on falling prices in the short term

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Jarod@TradingHase

1Wk

@Iwamoto I don't think I would have bet on falling prices. I'm curious to see if your bet works out. 👍🏼

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nassimcanim@nassimcanim

1Wk

I don't understand the decision at all

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OneRiff@Oneriff

1Wk

Technically @lwamoto is right: Week trend is down. LVMH is currently at level 495-505. If LVMH is able to get above 505 intraday coming days then the trend count flips to up. I really don't see any reason on the charts why 495 resistance should not break. Be careful with shorts, there's not a lot of structure on the left of the chart to prevent a short squeeze.

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OneRiff@Oneriff

505 is the upper region. I believe it will break. I believe it will break, it is just the meter where the level will be.

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felipe estupendo@felipeestupendo

I think the stars were askew. Reading charts and figures. The stock market has nothing to do with building sentiment... Lg

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MEMO@MEMO1993

I don't understand why..... The company generates good money and is broadly positioned, but the figures are stable despite the decline. Apart from that, even major investors are bullish

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