Milan: strong day for Piaggio
(Teleborsa) - Piaggio is doing well with an increase of of 1.91%.In the weekly comparison, Piaggio's trend is more pronounced than the FTSE Italia Mid Cap trend line, revealing a greater performance when compared to the index.
Piaggio's medium-term technicals remain negative. The short term, however, shows increasing bullish strength as the security tests first resistance in the 2.139 area, while support is estimated at 2.115. The technicals favour a new upswing with a likely target of 2.163.
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) 12-09-2024 12:30 PM