$LVMHF ** TOP 10 LIST FOR 2025**
Added 2025-01-01 16:38:46 +0000 UTCAre we starting to see a theme here?
Outside of US Tech, below the 200 WMA, close to the Wave 2 pull back zone, not in Wave 5 and with a Dividend.
Savvy investors may consider looking to conserve capital in luxury items during a market correction as this is historically seen as a Safe Havens
$LVMHF is also substantially down from its 2023 high at $1000 and sitting at $656 now, with the 0.618 Fib at $472 being the perfect position to add.
Again this is the weekly chart:
Below the 200 WMA which is at $770 (current price at $656) so undervalued.
So far holding above the 0.5 Fib at $574 but we would like a further decline to the 0.618 Fib but DCA'ing below the 200 WMA should be encouraged.
3 Wave pull back since Wave 5 at $1000
RSI on the weekly hit 30 and bounced, now at 41
MACD showing sellers have dried up and turning bullish.
Wave 3 is at the 1.618 Fib at $1991
Dividend of +2%
If there is a possibility to DCA between the 0.5 Fib and 0.618 fib at $574 - $472, then strongly consider this strategy and this is also an excellent company to hold for long term and beyond the US market correction.
Comments
Thank you 👍
Phil Smith
2025-01-01 19:50:59 +0000 UTCIf we are expecting a recession wouldn’t a luxury brand stocks like this one be bad pick for 2025? Since spending on luxury retail would logically go down ?
Logan
2025-01-01 17:47:29 +0000 UTCShare Representation: LVMHF: Each share represents one ordinary share of LVMH. LVMUY: Each share represents one-fifth of an ordinary LVMH share
Gareth Neary
2025-01-01 17:24:50 +0000 UTCThanks Cap, what’s the difference between: LVMUY LVMHF ?
Phil Smith
2025-01-01 17:14:38 +0000 UTC
