Milan: bullish cue from OVS
(Teleborsa) - A positive session for OVS as it progresses +2.94%A comparison of the security and the FTSE Italia Mid Cap index on a weekly basis shows the greater relative strength of OVS, confirming a better performance for the security in comparison to the related index.
The technical scenario for OVS shows a continuation of the downtrend to test support at 2.619 Euros, with a resistance area at 2.691. The bearish pattern suggests that new lows will probably be tested in the 2.573 area.
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) 07-22-2024 12:30 PM