Milan: Campari falls
(Teleborsa) - The Company famed for its bitters is in the red with a -2.04% loss.In the last week Campari underperformed the FTSE MIB index, therefore showing a lower performance than the benchmark.
Technically, the medium-term trend is down, but with the 8.41 support level holding firm we have some positive signs for the near term. The bullish cue signals a trend reversal to the upside, with prices potentially reaching the important resistance area at 8.58. The most likely scenario is for a bullish recovery with resistance at 8.75.
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) 07-19-2024 12:30 PM