Milan: strong day for Pirelli & C
(Teleborsa) - A lively session for Pirelli & C, which makes a big leap forward gaining +2.17%.A comparison of the security and the FTSE MIB index on a weekly basis shows the greater relative strength of Pirelli & C, confirming a better performance for the security in comparison to the related index.
Pirelli & C's short-term technicals show its bullish trend running out of steam as it tests resistance at 6.173. First support is seen at 6.057. Expect a negative continuation towards the 5.979 level in the immediate future.
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) 05-06-2024 12:30 PM