Milan: A2A on the rise
(Teleborsa) - A positive session for the italian multi-utility company as it progresses +2.2%A2A is trending in accord with the FTSE MIB, which makes the security a low alpha asset, that does not yield returns above and beyond its benchmark index.
The general technical context has seriously bearish implications for the gas and electricity distributor, which could see levels driven down towards the 1.846 Euros support area. Against all odds, bullish influences could push prices up to the key resistance level of 1.901.
These analyses are to be considered solely for information purposes and are not in any way intended to constitute financial advice, a solicitation of funds from the public or the promotion of any form of investment.
(Teleborsa Research Department)
(Teleborsa) 06-20-2024 12:30 PM