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

The tool selected is the Call 573ZS warrant issued by SOCIETE GENERALE, with an exercise price of €57.5 and a short expiry date of 09/15/2023. Leverage is close to 9.

KEY GRAPHIC ELEMENTS

The graphical analysis in daily data of the DANONE share makes it possible to identify an upward trend in the short term as well as in the medium term, since the exit from a long range as of February 15. In terms of trend indicators, the 20-day moving average (in dark blue) acts as a support for prices. The trading volume is on the rise, a technical data favorable to our anticipation. The relative position of the remarkable moving averages, compared to the market, illustrates the durability of its outperformance.

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 ticker code 573ZS, on DANONE, at €0.830.

They will take their profits when the underlying reaches €70,000 or limit their losses by selling the warrant in the event of a breach of €55,990.

The News Bulletin 247 board

WARRANT
Purchase at 0.83 € CALL
Objective :
€70,000
Stop:
55.990 €
Mnemo:
573ZS
Transmitter :
Societe Generale
Strike:
57.50 €
Due date :
09/15/2023

CHART IN DAILY DATA

Graphic made from the software Prorealtime



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