Milan: MFE B on the rise
(Teleborsa) - A positive session for the broadcasting television mass media company as it progresses +2.13%
On a weekly basis, the stock is trending higher than the FTSE Italia Mid Cap. The performance of MediaForEurope, in fact, has been higher than the related benchmark index.
MFE B's short-term trend is bullish with resistance seen at 3.671 Euros, while the most immediate support is at 3.603. Expect a strong continuation of the uptrend towards the 3.739 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)
(Foto: by Samson Creative on Unsplash)
(Teleborsa) 04-22-2024 09:35 AM
On a weekly basis, the stock is trending higher than the FTSE Italia Mid Cap. The performance of MediaForEurope, in fact, has been higher than the related benchmark index.
MFE B's short-term trend is bullish with resistance seen at 3.671 Euros, while the most immediate support is at 3.603. Expect a strong continuation of the uptrend towards the 3.739 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)
(Foto: by Samson Creative on Unsplash)
(Teleborsa) 04-22-2024 09:35 AM