Milan: Telecom Italia going strong
(Teleborsa) - A spectacular surge from the italian tlc company as it records a bullish +4.83% increase.On a weekly basis, the stock is trending higher than the FTSE MIB. The performance of Telecom Italia, in fact, has been higher than the related benchmark index.
The technical picture for Telecom Italia suggests that the bearish trend is to continue towards a test of the 0.2181 Euros floor, while the 0.2333 area represents the current price ceiling. The outlook is for an extension of the downtrend to test new lows identified at the 0.2084 level.
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) 11-14-2024 12:30 PM