Milan: Sanlorenzo crumbles
(Teleborsa) - The Luxury yacht builder tumbles, recording a dry loss of -3.95% on previous levels.The weekly analysis of the security and the FTSE Italia Mid Cap shows Sanlorenzo losing relative strength against the index.
Although the medium-term outlook for Sanlorenzo remains negative, we find an increasing upward movement in the short term, with the most immediate resistance at 33.97. Support is at 32.17. The technicals favour a new upswing to the 35.77 area.
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) 11-11-2024 12:30 PM