Milan: gains for Cembre
(Teleborsa) - The Manufacturer of electric connectors and installation tools puts in a decidedly bullish performance, gaining +1.83%.In the weekly comparison, Cembre's trend is more pronounced than the FTSE Italia Mid Cap trend line, revealing a greater performance when compared to the index.
Cembre's short-term trend is bullish with resistance seen at 39.3 Euros, while the most immediate support is at 38.5. Expect a strong continuation of the uptrend towards the 40.1 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) 11-18-2024 12:30 PM