Orange Turbo Call Gains 34% – How to Take Profit
Orange has been trading sideways since the end of February. The stock does not feel the pressure from the Iran conflict and acts like a defensive play. It is beating the CAC 40 index. The price has reached the top of its range, so we suggest taking some money off the table while still aiming for a higher target of €19.05.
Product choice – Vontobel Turbo Call
The Vontobel Turbo Infinite Call on Orange (CT70V, ISIN DE000VJ39JZ8) is now priced at €3.46. This gives a partial profit of about 34 %. The remaining shares can stay in the trade to try to reach the €19.05 goal.
Our analysis will be updated if market conditions change. The price targets and stop‑loss levels are for information only and may move with the market.
Legal note: Future performance figures are forecasts and are not a reliable indicator of actual results.
Key Levels
| Support 1 | 16.785 |
|---|---|
| Support 2 | 16.075 |
| Resistance 1 | 18.35 |
| Resistance 2 | 19.05 |
| Target | 19.05 |
| Stop‑loss | 16.07 |
| Short‑term outlook | Positive |
| Long‑term outlook | Upbeat |
