L'Oréal's share price dropped a lot in recent sessions. It is now close to a strong support zone around €350.65. This level may attract new buying interest.
If the price holds above this support, the market could see a technical rebound. The next target would be near €380.
To benefit from this possible rise, investors can consider the Vontobel turbo CALL (code WE83V) priced at €3.33. The product offers a potential gain of about 39%.
The built‑in stop‑loss is set around €338, which limits the possible loss to roughly 24%.
We keep monitoring the turbo and will update our recommendation if market conditions change.
Tags:
Technical Analysis