(News Bulletin 247) – BIC will today be the underlying of our advice on derivative products for the most active investors.
The tool selected is the Call 763NS warrant issued by SOCIETE GENERALE, with an exercise price of €73 and a short expiry date of 09/15/2023. Leverage is close to 5.
KEY GRAPHIC ELEMENTS
The daily data chart analysis of the BIC share helps to identify a short-term bullish trend. In terms of trend indicators, the 20-day moving average (in dark blue) acts as a support for prices. The technical reading in Japanese candlesticks identifies a Morning Star pattern dating back to the 02/10/2023 session. According to Japanese candlestick analysis, the Morning Star has positive consequences for prices.
FORECAST
In this context, the most active investors will bet on this bullish scenario by positioning themselves on the Call warrant, issued by SOCIETE GENERALE and with the mnemonic code 763NS, on BIC, at €0.270.
They will take their profits when the underlying reaches €80,000 or limit their losses by selling the warrant in the event of a breach of €65,390.
The News Bulletin 247 board
CHART IN DAILY DATA
The latest advice on Warrant 763NS BIC
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