Strategy published on : 01/12/2018 | 09:37
long tradeTarget price hit
Entry price : 240.5€
Target : 254€
Stop-loss : 234€
Potential : 5.61%
The medium term support area around 237.65 EUR should allow LVMH Moët Hennessy Vuitton SE shares to re-establish an upward trend in the short term.
Investors have an opportunity to buy the stock and target the € 254.
● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
● The company has solid fundamentals for a short-term investment strategy.
● The close medium term support offers good timing for purchasing the stock.
● The group's high margin levels account for strong profits.
● Considering the small differences between the analysts' various estimates, the group's business visibility is good.
● Over the last twelve months, the sales forecast has been frequently revised upwards.
● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
● The tendency within the weekly time frame is positive above the technical support level at 219.95 EUR