Milan: Reply on the rise
(Teleborsa) - Reply increases its performance, climbing +2.68%.On a weekly basis, the stock is trending higher than the FTSE Italia Mid Cap. The performance of Reply, in fact, has been higher than the related benchmark index.
The short-term technical picture for Reply shows an acceleration of the uptrend towards a target of 143.2 Euros. A possible decline to 139.5 would represent a temporary correction and would not compromise the strength of the current trend. Expect an extension of the bullish trend line towards the 146.9 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) 06-24-2024 12:30 PM