Milan: ERG trades in negative territory
(Teleborsa) - Negative trading results for ERG as it declines -2.25%.The weekly analysis of the security and the FTSE MIB shows ERG losing relative strength against the index.
The technical picture of ERG signals an extended downtrend towards support seen at 20.71 Euros, while on the upside resistance can be identified in the 21.05 area. The outlook is for ERG to pull back further still towards a target of 20.57.
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) 10-31-2024 12:30 PM