LOVISA HOLDINGSwave 4 correction might be a bullish flat pattern. volume peaked on major resistance area which indicate a downturn. *not a trading tips. wave count might be wrong. by sanv-TPD2
LOV back at all time high. Will be interesting to see if this breaks resistance at around $23.00. by advanz11
LOVISA - Diamond Bottom Pattern!Down trend in LOVISA may be coming to an end as a diamond bottom pattern has formed which is due to break this week. Watching closely for a break out bar of the resistance line at approx $19.50 mark with above average volume. Longby rutt112
LOV @ 17 NOV 2021Text me if you have any questions/comments for me. ----- LOV - Previous video analysis was done on 10 and 11 Oct (red arrows) – suggested waiting for a successful rebound around $21.50 before plotting entry if believe the stock can create new all-time highs - Since then, the stock has successfully rebounded and has created a new all-time high - Stock is currently too far from the short-term support - Another retracement to the short-term support and a successful rebound would be good for the continued uptrend of the stock - R is more than 10% - Strategy-to-buy (DYOR) – Suggest waiting for a retracement and successful rebound by Jerm880
LOV Long after breaking out with good volumeEntry: 9.29 Stop loss: 8.91 Broke out with good volume after a long period of consolidation. Trade with the odds in our favour consistently. Longby TheTradingBayUpdated 0
$LOV:ASX - LOVISA - Because every portfolio needs a little lovNot the kind of stock I would normally trade, but I know that Angie Ellis an Aussie trader with a pretty good comp track record is bullish on it. Earnings came out today and the market has been supportive. It is at an interesting resistance area and with a break above it could potentially run for a bit. Worth a watch. Market Capitalization $1.275B EBITDA (TTM) $61.188M Gross Profit (FY) $138.924M Total Revenue (FY) 217.01M Lovisa Holdings Limited is engaged in the retail sale of fashion jewelry and accessories. The Company's segments include Australia & New Zealand, which is engaged in the retail sale of women's jewelry and accessories in Australia and New Zealand, and Rest of the World, which is engaged in the retail sale of women's jewelry and accessories in Singapore, South Africa, Malaysia and the United Kingdom. The Rest of the World segment also includes the Company's franchise stores in the Middle East. The Company utilizes daily inventory monitoring software and airfreight to move product to store locations within approximately 48 hours from its centrally located warehouses in Melbourne and Hong Kong. The Company has over 230 retail stores. Its each store contains an average of over 2,500 product lines. It operates in Australia, New Zealand, Singapore, Malaysia, South Africa and the United Kingdom, and franchised stores in the Middle East (Kuwait, the United Arab Emirates and Saudi Arabia). Longby zAngus4
LOVISA Looking at shorting Lovisa, 2 signs. Although its on a very strong bull trend, however we can see from volume price analysis There is strong resistance forming with 2 Doji companied with high volume which signified potential hidden selling taking place. Unless fresh buying power is coming in, Lovisa might be due for a correction towards the immediate support below giving a Risk reard of 1:2by ZanderGohUpdated 1
$LOV breakout on Earnings. Use weakness as a buying opportunityA retest of the initial breakout level would be ideal for an entry Longby BTB_Aus114
LOV continues to act stronglyLOV has been a great name last few months. Held MA's nicely and looking to push here. Traditionally best time of the year for the business with Christmas sales on the wayLongby ElliotLawson3