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Milan: GVS in the red
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In the last week GVS underperformed the FTSE Italia Mid Cap index, therefore showing a lower performance than the benchmark.
GVS's medium-term technicals confirm its negative trend line. Yet, in the short-term view the downturn looks less marked, and we could see a reversal towards the 6.623 resistance level. On bullish cues the stock could reach the target high of 6.913, while first support is seen at 6.333.
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) 07-02-2024 12:30 PM