Milan: strong gains for Brunello Cucinelli
(Teleborsa) - A spectacular surge from Brunello Cucinelli as it records a bullish +4.29% increase.The analysis of Brunello Cucinelli's share price on a weekly basis highlights its bullish trend line, as it outperforms the benchmark. Thus the share is showing a greater performance than the FTSE MIB.
Brunello Cucinelli's medium-term technicals confirm its negative trend line. Yet, in the short-term view the downturn looks less marked, and we could see a reversal towards the 89.62 resistance level. On bullish cues the stock could reach the target high of 91.57, while first support is seen at 87.67.
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: © TEA / 123RF)
(Teleborsa) 26-09-2024 09:35