Strategy published on : 01/10/2018 | 08:57
long tradeStop-loss triggered
Entry price : 246.1€
Target : 260€
Stop-loss : 239.15€
Potential : 5.65%
LVMH Moët Hennessy Vuitton SE shares are locked into a trading range. This phase will eventually have to end with a return of a clear trend.
Investors have an opportunity to buy the stock and target the € 260.
● 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 company returns high margins, thereby supporting business profitability.
● 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