The dashed levels, the dated horizon and the shaded range are sealed in the record. The price line is live market data — context, never part of the proof. The call settles on the price at the horizon, not on touching the target before it.
Rationale
L'Oréal faces persistent headwinds in North Asian travel retail and softer domestic demand in mainland China. Valuation remains elevated relative to the broader CAC industrial composite, leaving it vulnerable to a sector rotation.
Discussion
Comments are discussion, not evidence. They can be edited or deleted at any time and are never part of the sealed record, the proof, or anyone's score.
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