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Milan: Buzzi falls
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The weekly analysis of the security and the FTSE Italia Mid Cap shows Buzzi losing relative strength against the index.
Buzzi's medium-term technicals remain negative. The short term, however, shows increasing bullish strength as the security tests first resistance in the 37.78 area, while support is estimated at 36.42. The technicals favour a new upswing with a likely target of 39.14.
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)
(Foto: © sergwsq / 123RF)
(Teleborsa) 07-17-2024 12:30 PM