Milan: Amplifon in the red
(Teleborsa) - A bearish session for Amplifon as it posts a -2.4% fall.In the weekly comparison, Amplifon's trend is more pronounced than the FTSE MIB trend line, revealing a greater performance when compared to the index.
The technical picture of Amplifon signals an extended downtrend towards support seen at 27.37 Euros, while on the upside resistance can be identified in the 27.97 area. The outlook is for Amplifon to pull back further still towards a target of 27.13.
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) 08-08-2024 12:30 PM