(News Bulletin 247) – APPLE will today constitute the underlying of our advice on the derivative product intended for the most active investors.
The tool selected is the Put 743BS warrant issued by SOCIETE GENERALE, with an exercise price of $195 and a short maturity of 03/21/2025. The leverage is close to 8.
KEY GRAPHIC ELEMENTS
The action of the very famous apple brand no longer reaches from the reversal island (reversal island) from the heart of the month of July, to register new high points. Concretely, a price zone close to $235 begins to act as an increasingly solid ceiling, which limits upward attempts. This level now coincides with the upper limit of the Bollinger bands (20;2.5), reinforcing its role as graphic resistance.
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 ticker code 743BS, on APPLE, at €0.460.
They will take their profits when the underlying reaches $201,000 or limit their losses by selling the warrant if it crosses $230,100.
News Bulletin 247 advice
DAILY DATA CHART
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