Milan: Buzzi falls
(Teleborsa) - A bearish session for Buzzi as it posts a -2.2% fall.
The weekly analysis of the security and the FTSE Italia Mid Cap shows Buzzi losing relative strength against the index.
The technical scenario for Buzzi shows a continuation of the downtrend to test support at 32.75 Euros, with a resistance area at 33.21. The bearish pattern suggests that new lows will probably be tested in the 32.57 area.
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) 04-19-2024 09:35 AM
The weekly analysis of the security and the FTSE Italia Mid Cap shows Buzzi losing relative strength against the index.
The technical scenario for Buzzi shows a continuation of the downtrend to test support at 32.75 Euros, with a resistance area at 33.21. The bearish pattern suggests that new lows will probably be tested in the 32.57 area.
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) 04-19-2024 09:35 AM