Milan: major selling for Ariston Holding
(Teleborsa) - The Global specialist in water heating and heating is subdued as it drops -3.57%.The weekly analysis of the security and the FTSE Italia Mid Cap shows Ariston Holding losing relative strength against the index.
Ariston Holding's medium-term technicals remain negative. The short term, however, shows increasing bullish strength as the security tests first resistance in the 3.995 area, while support is estimated at 3.755. The technicals favour a new upswing with a likely target of 4.235.
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) 11-06-2024 12:30 PM