Milan: negative performance for BFF Bank
(Teleborsa) - The Bank specialized in factoring is bearish as it trades -1.8% down.Looking at the weekly scenario, BFF Bank lagged the benchmark index's gains, showing a lower performance than the FTSE Italia Mid Cap average.
Short-term analysis of BFF Bank confirms that the security's bullish phase is to continue, with immediate resistance seen at 12.2 Euros and the first support identified at 11.85. Technically, we can expect further upward movement towards new highs in the 12.55 region.
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 12:30 PM