Milan: gains for DiaSorin
(Teleborsa) - Another bullish cue from the diagnostic equipments italian producer as it trades with a good +3.45% gain.
In the weekly comparison, DiaSorin's trend is more pronounced than the FTSE MIB trend line, revealing a greater performance when compared to the index.
While the medium-term scenario still looks bearish, the short-term structure shows some promising signs, with support at 103.3 holding strong. The positive movement in the short term indicates a potential reversal of the bearish trend, with the possibility of prices flirting with the key resistance level of 106. Thus there is a good chance of the bullish phase continuing towards the 108.8 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) 11-06-2024 09:35 AM
In the weekly comparison, DiaSorin's trend is more pronounced than the FTSE MIB trend line, revealing a greater performance when compared to the index.
While the medium-term scenario still looks bearish, the short-term structure shows some promising signs, with support at 103.3 holding strong. The positive movement in the short term indicates a potential reversal of the bearish trend, with the possibility of prices flirting with the key resistance level of 106. Thus there is a good chance of the bullish phase continuing towards the 108.8 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) 11-06-2024 09:35 AM