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Milan: MFE A well in the green
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In the last week MediaForEurope underperformed the FTSE Italia Mid Cap index, therefore showing a lower performance than the benchmark.
The technical scenario for MFE A shows a continuation of the downtrend to test support at 3.106 Euros, with a resistance area at 3.216. The bearish pattern suggests that new lows will probably be tested in the 3.038 area.
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) 06-20-2024 12:30 PM