Milan: bullish cue from Sesa
(Teleborsa) - Marked growth for the IT-outsourcing firm that offers technological and digital innovation services to businesses as it records a +3.06% improvement on previous levels.Sesa 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.
Sesa's medium-term technicals remain negative. The short term, however, shows increasing bullish strength as the security tests first resistance in the 92.33 area, while support is estimated at 89.08. The technicals favour a new upswing with a likely target of 95.58.
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) 13-09-2024 09:35