Milan: bullish cue from Leonardo
(Teleborsa) - A lively session for the Italian Holding operating in the aeronautics sector, which makes a big leap forward gaining +1.98%.In the weekly comparison, Leonardo's trend is more pronounced than the FTSE MIB trend line, revealing a greater performance when compared to the index.
The medium-term analysis confirms the Italian contractor in the defense sector's positive trend, while the short-term chart shows the beginning of a decline as the stock tests resistance at 22.39. First support is seen at 21.84. Technically, we expect a downward development towards the low of 21.48 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) 11-05-2024 12:30 PM