Sale of the Novartis Turbo Call at €1.92 (+48%)
Analysis:
Novartis hit the second price target we set. The share has stayed near this level for three days without moving higher. We decided to close the position.
Product choice:
The Vontobel "Turbo Infinite CALL" on Novartis (ticker ZH24V, ISIN DE000VJ00FX3) could be sold for €1.92. That gives a total profit of 48%.
We keep an eye on our recommendations and will update you if we think the trade should be reopened. The advice stops if the product is cancelled. The price goals and stop‑loss levels are for information only and can change with the market.
Legal notice:
Future performance numbers are only forecasts and are not a reliable indicator of actual results.
Zoom
| Support 1 | 108.8 |
|---|---|
| Support 2 | 104.5 |
| Resistance 1 | 118.8 |
| Resistance 2 | 123.62 |
| Target | 118.2 |
| Stop‑loss | 104.5 |
| Short‑term view | Positive |
| Long‑term view | Upward |
Tags:
Technical Analysis