(News Bulletin 247) – THALES will today be the underlying of our advice on derivative products for the most active investors.
The tool selected is the Call 68Y7S warrant issued by SOCIETE GENERALE, with an exercise price of €155 and a short expiry date of 09/15/2023. Leverage is close to 8.
KEY GRAPHIC ELEMENTS
After a phase of congestion below its 20-day moving average (in dark blue), the high-tech group for defense has regained momentum, going beyond its annual peaks, marking a relative outperformance compared to its benchmarks. The entry into a healthy phase of flat consolidation followed, with no temptation to take profits. It should be noted that the thin successive gaps (visible in hourly) on February 10, 13, 14 and 15, sessions marked by heavy volumes, illustrated the enthusiasm of a motivated buying camp over the key period.
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 68Y7S, on THALES, at €0.640.
They will take their profits when the underlying reaches €160,000 or limit their losses by selling the warrant in the event of a breach of €136,990.
The News Bulletin 247 board
CHART IN DAILY DATA
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