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ERAMET will today constitute the underlying of our advice on derivatives aimed at the most active investors.

The tool selected is the Put 6R37S warrant issued by SOCIETE GENERALE, with an exercise price of €97 and a short expiry date of 06/16/2023. The leverage is close to 4.

KEY GRAPHIC ELEMENTS

Since the bearish engulfing of March 06, formed in heavy volumes, the graphic profile of the action has been transformed, in the short term in any case. The break of the 50-day moving average (in orange), on March 15, on marubozu school, completed the bearish message, as did the consecutive crossover of two remarkable moving averages.

FORECAST

In this context, the most active investors will bet on this bearish scenario by positioning themselves on the Put warrant, issued by SOCIETE GENERALE and with the mnemonic code 6R37S, on ERAMET, at €0.370.

They will take their profits when the underlying reaches €74,510 or limit their losses by selling the warrant if they cross €103,100.

The News Bulletin 247 board

WARRANT
Purchase at 0.37 € PUT
Objective :
74.510 €
Stop:
103.100 €
Mnemo:
6R37S
Transmitter :
Societe Generale
Strike:
97.00 €
Due date :
06/16/2023

CHART IN DAILY DATA

Graphic made from the software Prorealtime



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