(CercleFinance.com) – First European capitalization, LVMH does not follow the trajectory of the CAC40 and the E-Stoxx50 at all and has never moved away from its 830E zenith, nor has it further compromised its upward trend (oblique support gravitating towards 759E, a level which coincides with the ‘gap’ of 758.4E on January 10).
The stock is back at 800E and continues its sideways consolidation between 775 and 830E: is it the most invulnerable refuge, far ahead of bonds, which have become very volatile again?
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