Milan: Moltiply Group on the rise
(Teleborsa) - Positive results for the online retail credit mortgage broker as it rises +1.87%.Analysing the security's performance against the FTSE Italia Mid Cap index on a weekly basis, we discover that the security is perfectly in line with the benchmark in terms of relative strength.
The technical scenario for Moltiply Group shows a continuation of the downtrend to test support at 32.1 Euros, with a resistance area at 32.85. The bearish pattern suggests that new lows will probably be tested in the 31.6 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) 10-08-2024 12:30 PM