The DAX continues its recovery after it had suffered significant losses at the end of March and marked his discard at 18,809 points in early April. At the moment, however, the DAX is overbought and should be in front of a return.
In the past few days, the index has succeeded in breaking through the IMOKU cloud in the 8-hour chart, which confirmed another purchase signal. The DAX is currently located in the Ichimoku cloud in the area of 22,350 points. It is therefore advisable to secure existing long positions below the respective daily low. A possible return could close the still open GAP in the area of 21,500 points. Afterwards, however, a continuation of the overarching upward trend can be expected.
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Conclusion:
In the DAX, long positions could after a return with a Turbo Call of the Société Générale ((SX7ZPD))) in the range of 21,500 points. The price target for this long strategy is 22,600 points (whereby the Turbo Call would note at a price of € 31.49). The stop loss could be set at 21,000 points (corresponding to € 15.46, for the Turbo Call), whereby this stop was to be pulled out quickly as soon as the position is in the profit.
Risk instructions: The information provided does not make a request for buying or selling the values mentioned. The securities discussed are very volatile and risky forms of investment. This is not an investment advice, and every decision takes place at your own risk. Note: Stopless brands and profit goals only serve as orientation and should be adapted to individual risk and money management as well as the current market development. Profits should be realized independently. Reaching the price target is based on the target course of the underlying. The author is not invested in the DAX at the time of the analysis.
| Trading idea: DAX | |
|---|---|
| Underlying | DAX (ISIN: DE0008469008) |
| Product genre | Turbo Call |
| Issuer | Societe Generals |
| ISIN/WKN leverage product | DE000SX7ZPD4 / SX7ZPD |
| Duration | Open end |
| Course K.-O.-Call (date) | 28.99/€ 29.00 (28.04.2025, 1:00 p.m.) |
| Basic price variable | 19,451.00 points |
| Knock-out threshold | 19,451.00 points |
| lever | 7.70 |
| Distance to the knock-out | 12.97% |
| Stopless Call | 15.46 € |
| Goal call | € 31.49 (+53.65%) |
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