Milan: downside move for Moncler
(Teleborsa) - A negative day for Moncler as it sheds -2.81%.Looking at the weekly scenario, Moncler lagged the benchmark index's gains, showing a lower performance than the FTSE MIB average.
According to the short-term technicals, Moncler will continue its positive development to test the resistance area of 54.22 Euros. There is the possibility of a decline to the 52.68 low. Overall, we expect the stock to breakout and test new resistance at 55.76.
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: © TEA/123RF)
(Teleborsa) 10-08-2024 09:35 AM