Milan: bullish cue from the Italian Sea Group
(Teleborsa) - The Yachting industry company puts in a decidedly bullish performance, gaining +3.12%.The analysis of the Italian Sea Group's share price on a weekly basis highlights its bullish trend line, as it outperforms the benchmark. Thus the share is showing a greater performance than the FTSE Italia Mid Cap.
The technical picture for the Italian Sea Group is bullish in the short term, with resistance seen at 10.03 Euros, while the first support level is estimated at 9.75. The technicals point towards further upside, with resistance seen at the 10.31 level.
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) 06-11-2024 09:35 AM