(News Bulletin 247) – This article, in free access, is produced by the stock market analysis and strategy research team of News Bulletin 247. To not miss any opportunity, consult all the analyzes and discover our portfolios by accessing our Privileges area.

CAPGEMINI will today constitute the underlying of our advice on derivative products aimed at the most active investors.

The tool selected is the Put 8388S warrant issued by SOCIETE GENERALE, with an exercise price of €150 and a short expiry date of 09/15/2023. Leverage is close to +7.

KEY GRAPHIC ELEMENTS

The CAPGEMINI share, the underlying of the put warrant selected, is moving within a vast downward triangle, the base of which, further weakened on May 4, is worth around 160 euros. Its break, subject to an increase in volumes as strong as those of May 04, ie nearly 800,000 units in one session, would catalyze additional releases. For the time being, the opinion will remain negative below the 50-day moving average (in orange), the underlying trendline.

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 8388S, on CAPGEMINI, at €0.670.

They will take their profits when the underlying reaches €150,000 or limit their losses by selling the warrant in the event of crossing €168,100.

The News Bulletin 247 board

WARRANT
Purchase at 0.67 € PUT
Objective :
€150,000
Stop:
168.100 €
Mnemo:
8388S
Transmitter :
Societe Generale
Strike:
150.00 €
Due date :
09/15/2023

CHART IN DAILY DATA

Graphic made from the software Prorealtime



function creatOutbrainJs() {
const creatJs = document.createElement(“script”);
creatJs.defer = true;
creatJs.src = “https://widgets.outbrain.com/outbrain.js”;
return document.body.appendChild(creatJs);
}

window.didomiOnReady = window.didomiOnReady || [];

window.didomiOnReady.push(function(Didomi) {
console.log(“Didomi ready “);

Didomi.getObservableOnUserConsentStatusForVendor(164)
.filter(function (status) { return status !== undefined })
.subscribe(function(consentStatus) {
if (consentStatus === false || consentStatus === true) {
console.log(“Didomi consent -> exécution du script outbrain “, consentStatus);
creatOutbrainJs()
}
});

});