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Adidas will today constitute the underlying of our advice on the derivative product intended for the most active investors.
The tool selected is the Call 4V86S warrant issued by SOCIETE GENERALE, with an exercise price of €200 and a short maturity of 03/15/2024. The leverage is close to 9.
KEY GRAPHIC ELEMENTS
After a welcome breather, outside an ascending channel, the ADIDAS stock quickly managed to regain support on a chart area close to 150 euros, in satisfactory volumes. The multiplication of tangible signs of taking control of the buying camp, whether on the front of the typology of candles as on that of volumes or relative positioning of remarkable moving averages, gives confidence. No divergence between price and RSI is currently noted.
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 4V86S, on Adidas, at €0.350.
They will take their profits when the underlying reaches €210,000 or limit their losses by selling the warrant in the event of a breakdown of €173,600.
News Bulletin 247 advice
DAILY DATA CHART
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