Milan: Iveco in free fall
(Teleborsa) - The Italian multinational transport vehicle manufacturing company has a turbulent session, losing -9.69% on previous levels.In the last week Iveco underperformed the FTSE MIB index, therefore showing a lower performance than the benchmark.
Iveco's short-term trend is bullish with resistance seen at 11.11 Euros, while the most immediate support is at 10.39. Expect a strong continuation of the uptrend towards the 11.82 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)
(Foto: © crampinini/123RF)
(Teleborsa) 07-24-2024 09:35 AM