Milan: Safilo slips
(Teleborsa) - The Sunglasses and eyewear italian producer is in negative territory as it trades with a -3.5% loss.The technical scenario for Safilo in the last week shows the security lagging behind the FTSE Italia Mid Cap. As compared to the related index, the security has shown a lower performance.
The short-term scenario shows a decline towards the 0.9183 Euros area with first resistance seen at 0.9653. Expectations are for Safilo to continue its negative run towards support at 0.8987.
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) 11-08-2024 09:35 AM