Milan: Saipem falls
(Teleborsa) - The Italian oil and gas industry contractor is bearish as it trades -2.16% down.The technical scenario for Saipem in the last week shows the security lagging behind the FTSE MIB. As compared to the related index, the security has shown a lower performance.
Technically, Saipem is in a strong uptrend with resistance in the 2.021 Euros area, while the most immediate support is listed at 1.973. The trading outlook is positive, with the bulls likely to target the 2.069 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) 10-03-2024 09:35 AM