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Milan: major selling for GVS
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The analysis of GVS'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 Italia Mid Cap.
At present, the short-term scenario for GVS anticipates a sharp rise towards a target price of 6.493 Euros. In the case of a healthy temporary correction the most immediate target would be the 6.353 level. However, we expect prices to climb to the 6.633 high.
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) 08-09-2024 09:35 AM