Milan: bad session for Ferretti
(Teleborsa) - The Manufacturer of luxury yachts is thrown to the bears as it trades with dire losses of -3.91%.On a weekly basis, the stock is trending higher than the FTSE Italia Mid Cap. The performance of Ferretti, in fact, has been higher than the related benchmark index.
The technical picture for Ferretti is bullish in the short term, with resistance seen at 2.795 Euros, while the first support level is estimated at 2.65. The technicals point towards further upside, with resistance seen at the 2.94 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) 10-03-2024 12:30 PM