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Milan: bullish cue from GVS
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In the last week GVS underperformed the FTSE Italia Mid Cap index, therefore showing a lower performance than the benchmark.
Analysis of the technicals reveals that GVS is headed further south to test support at 6.407 Euros. First resistance is at 6.647. Expect the downtrend to extend towards new lows around 6.253.
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) 07-03-2024 12:30 PM