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

The tool selected is the Call 11L5S warrant issued by SOCIETE GENERALE, with an exercise price of €31 and a short expiry date of 09/15/2023. The leverage is close to 10.

KEY GRAPHIC ELEMENTS

The action of the diversified group, the underlying of our call warrant, is in the phase of gaining support on a support zone at 30 euros, which could constitute, in the long term, the neck line (neckline) of a pattern similar to a bearish chart pattern. In the immediate future, a return to the height of the first shoulder, around 31.35 euros, is the preferred option. If this level were to be exceeded, the chart pattern would be invalidated.

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 11L5S, on BOUYGUES, at €0.330.

They will take their profits when the underlying reaches €31,340 or limit their losses by selling the warrant in the event of a breach of €29,490.

The News Bulletin 247 board

WARRANT
Purchase at 0.33 € CALL
Objective :
€31,340
Stop:
29.490 €
Mnemo:
11L5S
Transmitter :
Societe Generale
Strike:
31.00 €
Due date :
09/15/2023

CHART IN DAILY DATA

Graphic made from the software Prorealtime

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