The current technical picture points to buying the ALTEN share using the Societe Generale turbo CALL 3L87S, which costs €0.69 per unit.
ALTEN is in an oversold area, meaning the price has dropped a lot. It is close to €51.6, a level that could trigger a bounce up toward €60 in the next trading days.
This turbo product could give about a 57% profit. The built‑in stop level is set near €48, which caps the possible loss to roughly 30%.
We keep an eye on this instrument and will issue a new note when we decide to close the position. The price targets and stop level are provided for information only and may change depending on market moves and our outlook.
Tags:
Technical Analysis