Milan: Recordati trades in negative territory
(Teleborsa) - Recordati is subdued as it drops -2.28%.
The weekly analysis of the security and the FTSE MIB shows Recordati losing relative strength against the index.
The short-term scenario shows a decline towards the 48.43 Euros area with first resistance seen at 49.53. Expectations are for Recordati to continue its negative run towards support at 48.03.
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) 04-25-2024 12:30 PM
The weekly analysis of the security and the FTSE MIB shows Recordati losing relative strength against the index.
The short-term scenario shows a decline towards the 48.43 Euros area with first resistance seen at 49.53. Expectations are for Recordati to continue its negative run towards support at 48.03.
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) 04-25-2024 12:30 PM