Milan: losses for Telecom Italia
(Teleborsa) - The Italian tlc company tumbles, recording a dry loss of -6.53% on previous levels.A comparison of the security and the FTSE MIB index on a weekly basis shows the greater relative strength of Telecom Italia, confirming a better performance for the security in comparison to the related index.
The technical picture for Telecom Italia is bullish in the short term, with resistance seen at 0.2672 Euros, while the first support level is estimated at 0.2471. The technicals point towards further upside, with resistance seen at the 0.2873 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) 12-19-2024 12:30 PM