LVMH · 19th week of decline · double bottom forming
LVMH at week 19: decline holds but technicals are splitting
LVMH · 19th week of decline · double bottom forming
In Summary
LVMH is in its 19th week of a sell signal: the week closed up 1.3% with buy volume at 77%, a reading that contrasts sharply with prior weeks. The technical picture shows growing exhaustion signals, with a double bottom forming in the 442 area. The quality band flags trading as not recommended.
Ongoing decline
·19th week from start
·EU-UK stocks
·T2
IQS Phase
68
in tension
Signal Strength
2
indecisive week
Sizing
MINIMUM
Ranking
#15 / 54
EU-UK stocks
Trade P&L %
+19.00%
from signal to today
restricted Platinum content