Milan: downbeat day for Reply
(Teleborsa) - Reply is in negative territory as it trades with a -2.07% loss.A comparison of the security and the FTSE Italia Mid Cap index on a weekly basis shows the greater relative strength of Reply, confirming a better performance for the security in comparison to the related index.
Technically, Reply is in a strong uptrend with resistance in the 153.4 Euros area, while the most immediate support is listed at 149.9. The trading outlook is positive, with the bulls likely to target the 156.9 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) 11-22-2024 12:30 PM