FiveMinute
Sep 2, 8:51 PM
$MC (LVMH)
🔵
$MC sitting right at its EMA20 🎯
Pullback setup, price essentially glued to the EMA20 — about as tight a test as you'll see.
📊 BB_RANK: 52/100 (Fundamentals 70, Technical 40)
💰 Price:
$67.52
📉 +0.08% vs EMA20 — basically on top of it
📊 RSI: 50.6 — neutral
📐 EMA structure: EMA20
$67.47 → EMA50
$66.84 → EMA200
$65.52, all aligned bullish
🎯 Support:
$66.56
🚧 Resistance:
$69.58
🏁 TP1:
$70.90 · TP2:
$74.27
LVMH's latest annual results showed an organic pullback, with high-end consumers staying cautious. Structure underneath is still bullish though — this is the exact kind of pullback-to-EMA20 setup worth watching, right at the level.
🔎 Selected using the FiveMinute Signal screening system.
Algo-generated technical/fundamental screen. Not financial advice.
0 replies