Milan: downside move for Bper
(Teleborsa) - A bearish session for Bper as it posts a -2.86% fall.The weekly analysis of the security and the FTSE MIB shows Bper losing relative strength against the index.
The technical picture for Bper suggests that the bearish trend is to continue towards a test of the 4.547 Euros floor, while the 4.652 area represents the current price ceiling. The outlook is for an extension of the downtrend to test new lows identified at the 4.504 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) 08-08-2024 09:35 AM