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HERMES INTL will today constitute the underlying of our advice on the derivative product intended for the most active investors.
The tool selected is the Put 3R36S warrant issued by SOCIETE GENERALE, with an exercise price of €2,400 and a short maturity of 09/20/2024. The leverage is close to 5.
KEY GRAPHIC ELEMENTS
We will insist, in this graphic study, on a predictive technical phenomenon: that of a divergence, in this case since mid-February, between the dynamics of prices, bullish, and that of the RSI oscillator (relative force, bearish ). This divergence reflects a gradual loss of steam in the selling camp, a loss of steam which may occasionally give way to profit-taking, without calling into question at this stage the bullish nature of the trend background.
FORECAST
In this context, the most active investors will bet on this bearish scenario by positioning themselves on the Put warrant, issued by SOCIETE GENERALE and with the ticker code 3R36S, on HERMES INTL, at €1,890.
They will take their profits when the underlying reaches €2,200,000 or limit their losses by selling the warrant in the event of crossing €2,443,000.
News Bulletin 247 advice
DAILY DATA CHART
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