Milan: negative performance for Moltiply Group
(Teleborsa) - The Online retail credit mortgage broker is bearish as it trades -2.74% down.Looking at the weekly scenario, Moltiply Group lagged the benchmark index's gains, showing a lower performance than the FTSE Italia Mid Cap average.
The short-term scenario shows a decline towards the 31.38 Euros area with first resistance seen at 32.58. Expectations are for Moltiply Group to continue its negative run towards support at 30.87.
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) 10-07-2024 12:30 PM