1Wk·

I had to have it for the price 😃

15.04
LVMH logo
Bought x1.01 at €490.40
€495.30
22
8 Comments

profile image
We could be stuck in a long-term break of the uptrend - I would wait for that
5
profile image
@Lumimyrsky But it is also difficult to simply give up a mindset that you have grown up with on the stock market. Sticking to this mindset has brought success in recent years.
profile image
@Epi Growing up is good 😂.
2
@Epi You mean we are facing a bear market?
profile image
@Sand At some point it will be time to reduce the historic overvaluation of the US market and when, if not now?
So yes, I think we are in for a decent bear market.
But the market doesn't care what I think, I'll continue to trade my system.
@Epi i didnt know lvmh was US? They are more China
profile image
@HooiFork When the USA coughs, Europe gets pneumonia. So the LVMH share is dependent on the US market.

And if China gets into trouble (which is what it looks like at the moment), then probably a handbag seller too.
profile image
The price has fallen - but so has the value. The share is not worth its price just because it has become cheaper.
Join the conversation