Milan: Leonardo up after buying spree
(Teleborsa) - A top performance from the Italian Holding operating in the aeronautics sector as it trades +4.66% up.The analysis of Leonardo'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 MIB.
The technical picture for the Italian contractor in the defense sector suggests that the bearish trend is to continue towards a test of the 21.93 Euros floor, while the 22.78 area represents the current price ceiling. The outlook is for an extension of the downtrend to test new lows identified at the 21.39 level.
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 12:30 PM