Milan: Amplifon slips
(Teleborsa) - Amplifon slides steadily, trading -2.73% down on previous levels.The weekly analysis of the security and the FTSE MIB shows Amplifon losing relative strength against the index.
While the medium-term scenario still looks bearish, the short-term structure shows some promising signs, with support at 24.31 holding strong. The positive movement in the short term indicates a potential reversal of the bearish trend, with the possibility of prices flirting with the key resistance level of 24.98. Thus there is a good chance of the bullish phase continuing towards the 25.65 level.
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) 11-12-2024 12:30 PM