Milan: Alerion Clean Power on the rise
(Teleborsa) - Another bullish cue from the leading Italian player of renewable energy as it trades with a good +2.89% gain.A comparison of the security and the FTSE Italia Mid Cap index on a weekly basis shows the greater relative strength of Alerion Clean Power, confirming a better performance for the security in comparison to the related index.
According to the short-term technicals, Alerion Clean Power will continue its positive development to test the resistance area of 17.37 Euros. There is the possibility of a decline to the 16.75 low. Overall, we expect the stock to breakout and test new resistance at 17.99.
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)
(Foto: Zbynek Burival on Unsplash)
(Teleborsa) 11-14-2024 12:30 PM