Milan: positive day for Iren
(Teleborsa) - A lively session for Iren, which makes a big leap forward gaining +2.96%.In the weekly comparison, Iren's trend is more pronounced than the FTSE Italia Mid Cap trend line, revealing a greater performance when compared to the index.
The overall technical picture shows Iren contracting, with the possibility of prices approaching the 1.839 Euros floor. Any bullish scenario is currently being thwarted by the 1.899 resistance level. The most likely trading scenario is a bearish one with a potential target of 1.803.
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) 04-29-2024 12:30 PM