LVMH: New horizons in sight!
The LVMH stock is undergoing a correction phase, with the possibility of further declines into the €560 - €525 support zone. This level is marked as a strong long-term buy opportunity for investors, and price recovery is expected from this zone. Should this correction unfold as anticipated, the stock could rally to €624 and beyond, with potential targets at €733 and €900+ in the longer term.
The €560 - €525 zone represents a key area of interest for long-term positions. This zone is supported by the 0.618 Fibonacci retracement and historical price action, making it a high-probability level where buyers are likely to step in.
This area is highlighted as the "Best Long-Term Buy Zone", offering an ideal entry point for those looking to accumulate LVMH shares for a potential rebound.
Thank you for taking the time to read my analysis.
I look forward to reading your thoughts.
Best regards,
Mattner
The €560 - €525 zone represents a key area of interest for long-term positions. This zone is supported by the 0.618 Fibonacci retracement and historical price action, making it a high-probability level where buyers are likely to step in.
This area is highlighted as the "Best Long-Term Buy Zone", offering an ideal entry point for those looking to accumulate LVMH shares for a potential rebound.
Thank you for taking the time to read my analysis.
I look forward to reading your thoughts.
Best regards,
Mattner
- No investment advice
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