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WORLDLINE will today constitute the underlying of our advice on the derivative product intended for the most active investors.
The tool selected is the Put 4R6KB warrant issued by BNPPARIBAS, with an exercise price of €36 and a short expiry date of 09/15/2023. The leverage is close to 6.
KEY GRAPHIC ELEMENTS
The underlying’s underlying trend is powerfully bearish, with prices suffering under a sharply angled bearish slant line, which we have represented in black on the chart below. The sequences of red candles (end of May, mid-June) are symptomatic of a loss of confidence, especially since volumes tend to progress during these phases. Immediately, the harami The bearish trend traced yesterday puts a definitive halt to the protest reaction that began on June 26th.
In the theory of Japanese candlesticks, the harami is a combination of two candles: while the first is a long candlestick, the second is much smaller and is completely swallowed up by the previous one. The color of the two candles is different.
FORECAST
In this context, the most active investors will bet on this bearish scenario by positioning themselves on the Put warrant, issued by BNPPARIBAS and with the mnemonic code 4R6KB, on WORLDLINE, at €0.330.
They will take their profits when the underlying reaches €25,100 or limit their losses by selling the warrant if the €36,210 is crossed.
The News Bulletin 247 board
CHART IN DAILY DATA
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