Milan: Intercos shines
(Teleborsa) - A top performance from the manufacturER of cosmetics as it trades +6.13% up.On a weekly basis, the stock is trending higher than the FTSE Italia Mid Cap. The performance of Intercos, in fact, has been higher than the related benchmark index.
The technical scenario for Intercos shows a continuation of the downtrend to test support at 13.31 Euros, with a resistance area at 14.21. The bearish pattern suggests that new lows will probably be tested in the 12.75 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) 05-08-2024 09:35 AM