Milan: strong day for Ferragamo
(Teleborsa) - The Luxury maison puts in a decidedly bullish performance, gaining +2.7%.On a weekly basis, the stock is trending higher than the FTSE Italia Mid Cap. The performance of Salvatore Ferragamo, in fact, has been higher than the related benchmark index.
The Italian fashion firm's short-term trend is bullish with resistance seen at 6.365 Euros, while the most immediate support is at 6.185. Expect a strong continuation of the uptrend towards the 6.545 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)
(Foto: © Michael Spring/123RF)
(Teleborsa) 12-06-2024 12:30 PM