Milan: strong day for MPS Bank
(Teleborsa) - A lively session for Monte Paschi, which makes a big leap forward gaining +2.02%.Bank of Siena's weekly trend is more sluggish than the benchmark's movements, showing a downswing performance in comparison to the related FTSE MIB index.
The technical scenario for Banca Monte Paschi shows a continuation of the downtrend to test support at 4.395 Euros, with a resistance area at 4.463. The bearish pattern suggests that new lows will probably be tested in the 4.355 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) 06-28-2024 09:35 AM