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NVIDIA will today constitute the underlying of our advice on the derivative product intended for the most active investors.
The tool selected is the Call 2T99S warrant issued by SOCIETE GENERALE, with an exercise price of $347.5 and a short expiry date of 12/15/2023. The leverage is close to 3.
KEY GRAPHIC ELEMENTS
The Nvidia share, already in the midst of an upward trend, saw the materialization, by a huge gap on May 25, of a massive runaway from the buying camp, fully mobilized and determined after a major announcement. We will insist on the historical extent of this quotation gap, which has not been disputed since, and on the ability of the 20-day moving average (in dark blue) to sustain prices over time.
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 2T99S, on NVIDIA, at €9,320.
They will take their profits when the underlying reaches $599,000 or limit their losses by selling the warrant in the event of a breakout of $375,040.
The News Bulletin 247 board
CHART IN DAILY DATA
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