Buy Turbo Infinite Put on ArcelorMittal at €1.37
Analysis: ArcelorMittal has been climbing higher since April. The rise got faster in 2026, but the stock recently fell back below a strong barrier at €49.7. This level now acts like a wall that can stop the price from going up.
Today, oil prices went up, making steel production more expensive. Because of that, the stock opened lower and broke its previous low point. This creates a new chance for the price to move down. We see possible support at €39.8 and a second level at €37.7.
The down‑trend would be cancelled if the price breaks above the major resistance at €49.7.
Why the Turbo Infinite Put fits
The Turbo Infinite Put (ISIN DE000VJ8LCX1) matches this technical picture. It has no expiry date and a knockout barrier at €48.34. The stop‑loss is set at €49.81. Its current leverage is around 6×. You can buy it for €1.37 with a target price of €37.7 for ArcelorMittal and an invalidation point at €49.7.
We will keep an eye on the trade and share updates when we think it’s time to sell. The analysis is valid only while the product is active. Targets and thresholds may change as market conditions evolve.
Legal disclaimer
Future performance numbers are forecasts and are not reliable indicators of actual results.
Key Levels
| Support 1 | €39.83 |
|---|---|
| Support 2 | €37.68 |
| Resistance 1 | €46.30 |
| Resistance 2 | €49.72 |
| Target | €37.70 |
| Invalidation | €49.70 |
| Short‑term outlook | Negative |
| Long‑term outlook | Positive |