Milan: Ferragamo falls
(Teleborsa) - The Luxury maison slides steadily, trading -2.32% down on previous levels.In the last week Salvatore Ferragamo underperformed the FTSE Italia Mid Cap index, therefore showing a lower performance than the benchmark.
The general technical context has seriously bearish implications for the italian fashion firm, which could see levels driven down towards the 6.48 Euros support area. Against all odds, bullish influences could push prices up to the key resistance level of 6.6.
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) 10-14-2024 09:35 AM