Turbo Call on Novartis Priced at €1.67 (+28.5%)
Novartis stock finally broke through a strong barrier at 116.20 CHF and moved higher. The first price target of 118.8 CHF is now within reach.
The Vontobel Turbo Call (ISIN DE000VJ00FX3) is offered at €1.67. This gives a quick profit of about 28.5%. You can sell part of the position now and keep the rest to try to reach the 118.8 CHF goal.
We will keep an eye on the trade and update you if the situation changes. The price targets and stop‑loss levels are only guidelines and can move with market conditions.
Key Levels (Zoom)
| Support 1 | 108.8 |
|---|---|
| Support 2 | 104.5 |
| Resistance 1 | 116.2 |
| Resistance 2 | 118.8 |
| Target | 118.8 |
| Stop‑Loss | 0 |
| Short‑Term View | Positive |
| Long‑Term View | Bullish |
Legal notice: Future performance figures are forecasts and do not guarantee actual results.
Tags:
Technical Analysis