Milan: Ferragamo falls
(Teleborsa) - A bearish session for the luxury maison as it posts a -1.97% fall.In the last week Salvatore Ferragamo underperformed the FTSE Italia Mid Cap index, therefore showing a lower performance than the benchmark.
The short-term scenario shows a decline towards the 6.182 Euros area with first resistance seen at 6.312. Expectations are for the italian fashion firm to continue its negative run towards support at 6.133.
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) 18-09-2024 12:30