LVMH: fresh buy signal on a luxury giant, sector gaining momentum

LVMH receives a fresh buy signal, ranking 2nd among the 6 new longs for European-UK stocks. The sector posted +6% last week and +7% over the past month: the backdrop is supportive. The quality of the setup indicator reads 34 out of 100, ordinary phase but with a rising slope; signal strength sits at 59 out of 100, medium conviction, steady profile.