Orange Turbo Call Purchase at €2.58
Analysis:
Orange’s share price has moved sideways since the end of February. The war in the region stopped the recent rise, but the stock has bounced back several times because it is not heavily linked to the conflict. On Friday the price fell sharply as peace hopes faded, pushing the stock close to the bottom of its recent range. This morning it started climbing again.
If the bounce continues, the price could reach the previous high of €18.35 and may even break above it to the next resistance level at €19.05. The upward move would be cancelled if the price falls below the main support at €16.07.
Product Choice – Vontobel:
The Vontobel Turbo Infinite Call on Orange (ticker CT70V, ISIN DE000VJ39JZ8) fits this technical picture. It has no expiry date, a de‑activation barrier set at €15.26, and a strike price of €14.86. The current leverage is around 7‑times. You can buy the turbo for €2.58 per unit, aiming for Orange to rise to €19.05, while a stop‑loss is placed at €16.07.
Our analysis will be updated when we think it is time to sell the highlighted product. The recommendation becomes void if the turbo is de‑activated. All price targets and stop levels are for information only and may change with market conditions.
Legal Disclaimer: Future performance numbers are forecasts and are not reliable indicators of actual future results.
Key Levels (Zoom)
| Support 1 | €16.785 |
|---|---|
| Support 2 | €16.075 |
| Resistance 1 | €18.35 |
| Resistance 2 | €19.05 |
| Target | €19.05 |
| Stop (Invalidation) | €16.07 |
| Short‑Term Outlook | Positive |
| Long‑Term Outlook | Upward |