Milan: El.En falls
(Teleborsa) - The Leading global players in the laser world providing industrial and medical laser solutions is bearish as it trades -3.18% down.The analysis of El.En's share price on a weekly basis highlights its bullish trend line, as it outperforms the benchmark. Thus the share is showing a greater performance than the FTSE Italia Mid Cap.
Technically, El.En is in a strong uptrend with resistance in the 10.3 Euros area, while the most immediate support is listed at 9.94. The trading outlook is positive, with the bulls likely to target the 10.66 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) 17-09-2024 12:30