Milan: downbeat day for Safilo
(Teleborsa) - A negative day for the sunglasses and eyewear italian producer as it sheds -2.61%.The technical scenario for Safilo in the last week shows the security lagging behind the FTSE Italia Mid Cap. As compared to the related index, the security has shown a lower performance.
The general technical context has seriously bearish implications for Safilo, which could see levels driven down towards the 1.032 Euros support area. Against all odds, bullish influences could push prices up to the key resistance level of 1.07.
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) 10-09-2024 09:35 AM