Milan: Bper heads for rock bottom
(Teleborsa) - Bper is thrown to the bears as it trades with dire losses of -5.38%.Looking at the weekly scenario, Bper lagged the benchmark index's gains, showing a lower performance than the FTSE MIB average.
According to the short-term technicals, Bper will continue its positive development to test the resistance area of 4.723 Euros. There is the possibility of a decline to the 4.584 low. Overall, we expect the stock to breakout and test new resistance at 4.862.
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) 05-09-2024 09:35 AM