2D·

LVMH short

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

$MC (+1,54 %)

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8 Comentarios

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Why should the share undergo a correction? It looks bullish above €500
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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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Running DCA with me, I am Long🤞🏼
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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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@TradingHase I am betting on falling prices in the short term
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@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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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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I don't understand the decision at all
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