Milan: BFF Bank shines
(Teleborsa) - Another bullish cue from the bank specialized in factoring as it trades with a good +3.16% gain.A comparison of the security and the FTSE Italia Mid Cap index on a weekly basis shows the greater relative strength of BFF Bank, confirming a better performance for the security in comparison to the related index.
The short-term technical picture for BFF Bank shows an acceleration of the uptrend towards a target of 10.91 Euros. A possible decline to 10.57 would represent a temporary correction and would not compromise the strength of the current trend. Expect an extension of the bullish trend line towards the 11.25 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) 07-18-2024 12:30 PM