Milan: Brunello Cucinelli in the red
(Teleborsa) - Brunello Cucinelli slides steadily, trading -2.8% down on previous levels.The weekly analysis of the security and the FTSE MIB shows Brunello Cucinelli losing relative strength against the index.
The technical picture for Brunello Cucinelli suggests that the bearish trend is to continue towards a test of the 88 Euros floor, while the 89.4 area represents the current price ceiling. The outlook is for an extension of the downtrend to test new lows identified at the 87.5 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 09:35 AM