Milan: Telecom Italia on a tear
(Teleborsa) - Effervescent the italian tlc company records a decidedly positive performance of +4.88%.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.
Analysis of the technicals reveals that Telecom Italia is headed further south to test support at 0.2304 Euros. First resistance is at 0.2394. Expect the downtrend to extend towards new lows around 0.2245.
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 09:35