Milan: BFF Bank extends rise
(Teleborsa) - A spectacular surge from the bank specialized in factoring as it records a bullish +11.46% increase.On a weekly basis, the stock is trending higher than the FTSE Italia Mid Cap. The performance of BFF Bank, in fact, has been higher than the related benchmark index.
The medium-term analysis confirms BFF Bank's positive trend, while the short-term chart shows the beginning of a decline as the stock tests resistance at 10.61. First support is seen at 9.96. Technically, we expect a downward development towards the low of 9.61 in the near term.
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) 07-12-2024 09:35 AM