Teleborsa News

Milan: gains for Ferragamo

News Image (Teleborsa) - A positive session for the luxury maison as it progresses +2.6%

In the weekly comparison, Salvatore Ferragamo's trend is more pronounced than the FTSE Italia Mid Cap trend line, revealing a greater performance when compared to the index.

The technical picture for the italian fashion firm is bullish in the short term, with resistance seen at 6.583 Euros, while the first support level is estimated at 6.403. The technicals point towards further upside, with resistance seen at the 6.763 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) 12-09-2024 09:35 AM


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