Milan: Moncler on a tear
(Teleborsa) - A top performance from Moncler as it trades +3.95% up.In the weekly comparison, Moncler's trend is more pronounced than the FTSE MIB trend line, revealing a greater performance when compared to the index.
The technical assumptions for Moncler's medium-term performance are still downbeat. Yet, positive signs do emerge from the short-term view, with the fastest indicators showing a decrease in downward momentum. At this point, a slowing of the downturn is possible as prices approach 49.3. The most immediate resistance is estimated at 49.94. Expect an intermediate corrective phase which brings prices back into line, with a target of 50.58 in the near 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) 12-06-2024 09:35 AM