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Milan: MFE B suffers substantial losses
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MediaForEurope's weekly trend is more sluggish than the benchmark's movements, showing a downswing performance in comparison to the related FTSE Italia Mid Cap index.
MFE B's short-term technicals show its bullish trend running out of steam as it tests resistance at 4.469. First support is seen at 4.283. Expect a negative continuation towards the 4.205 level in the immediate future.
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) 07-22-2024 09:35 AM