Even though the market has risen recently, Microsoft’s share is struggling to move higher. It is now stuck near a resistance level around $432.9.
This price barrier could stop the recent uptrend and might push the stock down toward $380.
To benefit from a possible decline, you could buy the Vontobel PUT warrant AL20V, which costs €8.88. If Microsoft falls, this derivative could generate roughly a 40% gain.
The warrant would become worthless if the price stays above about $426, limiting the potential loss to around 27%.
We monitor the suggested products and will update our recommendation as market conditions change. The targets and risk limits shown are for information only and may be adjusted based on our outlook.
Tags:
Technical Analysis