Milan: D'Amico well in the green
(Teleborsa) - Another bullish cue from the international marine transportation company as it trades with a good +1.83% gain.The analysis of D'Amico'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.
D'Amico's medium-term scenario corroborates its negative trend. However, an analysis of the short-term chart gives a first indication that the bears are on the way out, with the share price rising towards first resistance in the 6.153 area. Support is at 6.053. Further positive moves would support the case for a new high in the 6.253 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) 17-09-2024 09:35