Moet Hennessy Louis Vuitton (LVMH) is experiencing a strong rejection on its 1M MA50 (blue trend-line), a Resistance level where it got rejected exactly a year ago (January 2025).
As mentioned on our previous LVMH analysis, this can initiate another correction within the stock's 18-year Channel Up that may very well hit its bottom as a -29.84% decline (standard within this pattern) would target $550. It could go even lower as we've seen pull-backs of -37.93% even but generally the 550 - 500 zone is an excellent long-term buy entry.
Based on the Channel's Bullish Legs, after this bottom (possibly expected before the end of this year), we should see a +22.15% rise (at least) within a 3-year horizon, targeting $1800.
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As mentioned on our previous LVMH analysis, this can initiate another correction within the stock's 18-year Channel Up that may very well hit its bottom as a -29.84% decline (standard within this pattern) would target $550. It could go even lower as we've seen pull-backs of -37.93% even but generally the 550 - 500 zone is an excellent long-term buy entry.
Based on the Channel's Bullish Legs, after this bottom (possibly expected before the end of this year), we should see a +22.15% rise (at least) within a 3-year horizon, targeting $1800.
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** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
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I trade Crypto, Forex, Indices & Commodities on PrimeXBT — all from one account with TradingView charts 👉 tradingshot.short.gy/PrimeXBT
I also use TradeNation for fixed spreads & zero commission 👉 tradingshot.short.gy/Tradenation
I also use TradeNation for fixed spreads & zero commission 👉 tradingshot.short.gy/Tradenation
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.