Milan: strong day for Lottomatica
(Teleborsa) - Positive results for the first Italian operator in the legal gaming market as it rises +2.17%.A comparison of the security and the FTSE Italia Mid Cap index on a weekly basis shows the greater relative strength of Lottomatica, confirming a better performance for the security in comparison to the related index.
According to the short-term technicals, Lottomatica will continue its positive development to test the resistance area of 11.95 Euros. There is the possibility of a decline to the 11.56 low. Overall, we expect the stock to breakout and test new resistance at 12.34.
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: Free-Photos / Pixabay)
(Teleborsa) 11-05-2024 12:30 PM