Milan: MFE A well in the green
(Teleborsa) - A positive session for the broadcasting television mass media company as it progresses +2.55%On a weekly basis, the stock is trending higher than the FTSE Italia Mid Cap. The performance of MediaForEurope, in fact, has been higher than the related benchmark index.
According to the short-term technicals, MFE A will continue its positive development to test the resistance area of 3.419 Euros. There is the possibility of a decline to the 3.327 low. Overall, we expect the stock to breakout and test new resistance at 3.511.
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: © tktktk / 123RF)
(Teleborsa) 07-11-2024 09:35 AM