LVMH Moet Hennessy Louis Vuitton SE is a luxury goods company. Its business activities are divided into various business groups, including Wines & Spirits, Fashion & Leather Goods, Perfumes & Cosmetics, Watches & Jewelry, Selective retailing and Other activities. The Company has approximately 70 brands and over 3,950 stores around the world. It produces still and sparkling wines from various wine-growing regions, as well as whiskey. The Fashion & Leather Goods business group includes brands, such as Louis Vuitton, Fendi, Donna Karan, Loewe, Marc Jacobs, Celine and Edun. It focuses on the perfumes, make-up and skincare business, and offers a range of brands, including Christian Dior, Guerlain and Kenzo. The Watches & Jewelry sector operates in two segments: high-quality watchmaking, and jewelry and high jewelry. Its Selective Retailing companies operate in Europe, North America, Asia and the Middle East. Its other activities include Les Echos group, Royal Van Lent and Cheval Blanc.
Our Proprietary Trading System indicates the following:
The Primary Trend (PT) given by the Global Monthly TIME BAR (GMTB) is currently Bullish
The Secondary Trend (ST), given by the Global Weekly TIME BAR (GWTB) is currently Bullish
The Medium Term Trend (MTT), given by the Global Daily TIME BAR (GDTB) is currently Bullish
The Short Term Trend (STT), given by the Global Four Hour TIME BAR (GFHTB) is currently Bullish
We were hoping for a pullback to $343.75, but we might never see this level again within the medium term
In light of the above trend analysis we have started a bullish trade on LVMH Moet Hennessy Louis Vuitton SE using Global Trading Strategy #3 on the Global Automated Trading System #3 which trade in the direction of the Global Daily Time Bars (GDTB).
Global Entry Signal For Trade #1: Buy @ $381.75
Global Trailing Stop Loss Trade #1: @ $354.42
Global Target Profit Trade #1 : @ $600.00
Global Trade Management Strategy: We applied the Global Trailing Stop System for Global Trading Strategy #3.
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