Milan: Banca Popolare Sondrio on the rise
(Teleborsa) - Another bullish cue from Banca Popolare Sondrio as it trades with a good +2.21% gain.Analysing the security's performance against the FTSE MIB index on a weekly basis, we discover that the security is perfectly in line with the benchmark in terms of relative strength.
At present, the short-term scenario for Banca Popolare Sondrio anticipates a sharp rise towards a target price of 6.995 Euros. In the case of a healthy temporary correction the most immediate target would be the 6.86 level. However, we expect prices to climb to the 7.13 high.
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) 30-08-2024 09:35