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Milan: downside move for Bper
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The weekly view shows the share's trend line moving parallel to the FTSE MIB benchmark index, which confirms that Bper's movements are determined by its reference market rather than by any events linked to the share itself.
While the medium-term picture confirms Bper's negative trend, the short term reveals the possibility of a timid upswing to first resistance in the 4.621 area. First support is identified at 4.444. Further positive cues could signal an upward movement with a target of 4.798.
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) 06-21-2024 12:30 PM