Zebulon92600
Junior member
- Messages
- 40
- Likes
- 1
LVMH just broke its downtrend line but the price need to break the resistance at 131.94 (which corresponds to 38.20% fibonacci retracement) for a pursuit of the correction towards 134.99.
If the price failed to break the resistance and falls below the retracement 23.60% at 128.91, a resumption of the downtrend is expected towards 126 and 125 points.
Zebulon, fan of CentralCharts.com
If the price failed to break the resistance and falls below the retracement 23.60% at 128.91, a resumption of the downtrend is expected towards 126 and 125 points.
Zebulon, fan of CentralCharts.com
![3186-906-oneway-process.png](/proxy.php?image=http%3A%2F%2Fwww.centralcharts.com%2Fcache%2Fmedias%2Fanalysis%2F806x806-thumb%2F3186-906-oneway-process.png&hash=18c78df703a137ff7073e21e7eab06f6)