From a technical standpoint, BAE Systems plc is trading just above its key support level at 1,609.5 GBX. The chart pattern suggests that the stock is primed for a noticeable bounce.
Indicators are in oversold territory, reinforcing the bullish outlook. Investors looking for leveraged exposure could consider the 6G16S turbo CALL issued by Société Générale, currently priced around €1.76.
The target for the underlying shares is set near 1,820 GBX, which translates to roughly a 40 % upside for the turbo product. The built‑in stop‑loss sits around the 1,600 GBX mark, capping potential loss at about 25 % of the investment.
We continue to monitor this instrument and will update our recommendation should market conditions shift.
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Turbos