Milan: negative performance for Brembo
(Teleborsa) - The Italian producer of automotive disc braking systems is in the red with a -2.19% loss.The weekly analysis of the security and the FTSE Italia Mid Cap shows Brembo losing relative strength against the index.
The technical picture for Brembo is bullish in the short term, with resistance seen at 9.08 Euros, while the first support level is estimated at 8.899. The technicals point towards further upside, with resistance seen at the 9.25 level.
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) 12-16-2024 12:30 PM