Teleborsa News

Milan: Mediobanca trades in the red

News Image (Teleborsa) - A fierce setback for Mediobanca as it suffers losses of -7% in a muddled session.

Looking at the weekly scenario, Mediobanca lagged the benchmark index's gains, showing a lower performance than the FTSE MIB average.

Short-term analysis of Mediobanca confirms that the security's bullish phase is to continue, with immediate resistance seen at 14.68 Euros and the first support identified at 14.35. Technically, we can expect further upward movement towards new highs in the 15.02 region.

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) 11-12-2024 09:35 AM


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