Milan: El.En shines
(Teleborsa) - Positive results for the leading global players in the laser world providing industrial and medical laser solutions as it rises +3.09%.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.
According to the short-term technicals, El.En will continue its positive development to test the resistance area of 10.17 Euros. There is the possibility of a decline to the 9.77 low. Overall, we expect the stock to breakout and test new resistance at 10.58.
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) 13-09-2024 12:30