Milan: bullish cue from Industrie De Nora
(Teleborsa) - A positive session for the provider of filtration solutions for water and wastewater treatment as it progresses +2.27%Industrie De Nora is trending in accord with the FTSE Italia Mid Cap, which makes the security a low alpha asset, that does not yield returns above and beyond its benchmark index.
The general technical context has seriously bearish implications for Industrie De Nora, which could see levels driven down towards the 9.79 Euros support area. Against all odds, bullish influences could push prices up to the key resistance level of 9.98.
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) 08-09-2024 09:35 AM