Milan: downside move for Sanlorenzo
(Teleborsa) - A negative day for the luxury yacht builder as it sheds -3.7%.Looking at the weekly scenario, Sanlorenzo lagged the benchmark index's gains, showing a lower performance than the FTSE Italia Mid Cap average.
The short-term scenario shows a decline towards the 34.47 Euros area with first resistance seen at 36.27. Expectations are for Sanlorenzo to continue its negative run towards support at 33.83.
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) 05-09-2024 12:30