Milan: major selling for Reply
(Teleborsa) - Negative trading results for Reply as it declines -2.33%.Looking at the weekly scenario, Reply lagged the benchmark index's gains, showing a lower performance than the FTSE Italia Mid Cap average.
The short-term technical picture for Reply shows an acceleration of the uptrend towards a target of 136.1 Euros. A possible decline to 133.6 would represent a temporary correction and would not compromise the strength of the current trend. Expect an extension of the bullish trend line towards the 138.6 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: © Kladej Voravongsuk / 123RF)
(Teleborsa) 16-09-2024 12:30