Milan: Tinexta on the rise
(Teleborsa) - Another bullish cue from the company engaged in the software and internet services industry as it trades with a good +3.06% gain.The analysis of Tinexta'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 Italia Mid Cap.
New technical evidence points to a decline of Tinexta's stock price, which could hit the most immediate support seen at the 11.91 Euros level. However, a sudden rebound would undermine the above scenario by triggering a bullish rise, with the most immediate resistance of 12.28 as a new target. In the next session we can expect a continuation of the downtrend to the key support level of 11.68.
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