Milan: Leonardo going strong
(Teleborsa) - A top performance from the Italian Holding operating in the aeronautics sector as it trades +4.57% up.On a weekly basis, the stock is trending higher than the FTSE MIB. The performance of Leonardo, in fact, has been higher than the related benchmark index.
According to the short-term technicals, the Italian contractor in the defense sector will continue its positive development to test the resistance area of 26.17 Euros. There is the possibility of a decline to the 25.25 low. Overall, we expect the stock to breakout and test new resistance at 27.09.
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) 11-11-2024 09:35 AM