Buy the Infinite Turbo BEST PUT META DK50V at €8.72
Analysis:
META drew a clear head‑and‑shoulders shape between June and October last year. The head of this pattern looks like a double top. The first price goals of the pattern have already been hit, but the shape can also push the price back to where the trend began, around $480.4.
Since December, the share has been moving up and down inside a channel. Recently it tried to leave the channel. First a small down gap appeared less than a week ago, and a second gap showed up today. These moves suggest the price may keep falling in the next few days.
There are two support levels that could stop the fall for a short time. The first is at $580 and the second at $554.8.
If the price climbs above $672.2, the short‑term downtrend would be cancelled.
Product Choice from Vontobel
The Vontobel Infinite Turbo BEST PUT META (ISIN DE000VJ4TH40) fits this technical picture. It has no expiry date. Its knock‑out barrier is $708.8655 and changes a little each day. The current leverage is about 6‑times.
You can buy it for €8.72. The target price is $554.8 and the trade would be invalidated if the price reaches $672.
We will keep watching the trade and update you when we think it’s time to sell. The trade stops if the product is knocked out. Targets and barriers may change with market conditions.
Legal Notice
Future performance numbers are forecasts only. They do not guarantee actual results.
Key Numbers
| Support 1 | 580 |
|---|---|
| Support 2 | 554.8 |
| Resistance 1 | 672.2 |
| Resistance 2 | 743.4 |
| Target | 554.8 |
| Invalidation | 672.2 |
| Short‑Term Opinion | Negative |
| Long‑Term Opinion | Neutral |