LVMH

Head and Shoulders Complete

292
The H&S target drop of 33% has been met. I believe we are in the final leg of the ABC correction. The question now is where does the final C leg land? We are sitting in the golden fib pocket, if $480 support is lost then I expect a drop to $400-410. This could be a great place to add for a long term investment. Alternatively we could put in a double bottom here and grind back up.

Not financial advice, do what’s best for you.

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