Milan: strong gains for Brunello Cucinelli
(Teleborsa) - Impressive gains for Brunello Cucinelli as it records a sharp rise of +5.91% over previous levels.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.
According to the short-term technicals, Brunello Cucinelli will continue its positive development to test the resistance area of 105.2 Euros. There is the possibility of a decline to the 101.8 low. Overall, we expect the stock to breakout and test new resistance at 108.6.
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) 12-12-2024 09:35 AM