Alstom's stock is close to its support level at €22.32. Technical signs show it could bounce back strongly.
The indicators also say the stock is oversold, which adds to the positive outlook.
Because of this, we suggest buying the Vontobel GF39V turbo call, currently priced at €0.38.
Our goal is for Alstom to reach €25. If it does, the turbo could give about a 53% profit.
The built‑in safety level (knock‑out) is around €21.8. This limits the possible loss to roughly 30%.
We first recommended this turbo on April 2 when it was €0.51. Since then, we keep tracking the product and may adjust targets or safety levels as the market changes.
All figures are for information only and may be updated based on market conditions and our latest analysis.
Tags:
Technical Analysis