Aug. 31 at 9:31 PM
$MC (LVMH)
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$MC
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$MC pulling back to support 🎯
Pullback setup — price just tapped its EMA20 and held.
📊 BB_RANK: 52/100 (Fundamentals 70, Technical 40)
💰 Price:
$68.07
📉 +0.7% vs EMA20
📊 RSI: 52.0 — neutral
📐 EMA structure: EMA20
$67.62 → EMA50
$66.88 → EMA200
$65.60, all aligned bullish
🎯 Support:
$66.56
🚧 Resistance:
$69.58
🏁 TP1:
$71.47 · TP2:
$74.88
LVMH's last quarterly print showed a modest organic dip — Asia-Pacific demand cooling while US/Europe holds up — part of a broader normalization across luxury after years of exceptional growth. Technically though, this is exactly the kind of pullback-in-an-uptrend I like to see. Watching whether
$66.56 holds — that's the level that keeps the setup alive.
🔎 Selected using the FiveMinute Signal screening system.
