Milan: downside move for Intercos
(Teleborsa) - A bearish session for the manufacturER of cosmetics as it posts a -2.25% fall.In the last week Intercos underperformed the FTSE Italia Mid Cap index, therefore showing a lower performance than the benchmark.
While there is still plenty of positive sentiment surrounding the medium term, indicators show that short-term performance is down, with the share failing to break the resistance estimated at 16.03. Near-term support at 15.45 remains intact. This corrective phase is likely to continue towards the 15.25 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)
(Foto: © ximagination / 123RF)
(Teleborsa) 06-24-2024 12:30 PM