Milan: Iveco gaining ground
(Teleborsa) - Vigorous the Italian multinational transport vehicle manufacturing company soars as high as +7.1% over previous levels.The analysis of Iveco's share price on a weekly basis highlights its bullish trend line, as it outperforms the benchmark. Thus the share is showing a greater performance than the FTSE MIB.
The general technical context has seriously bearish implications for Iveco, which could see levels driven down towards the 9.21 Euros support area. Against all odds, bullish influences could push prices up to the key resistance level of 10.22.
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) 11-07-2024 12:30 PM