Uphill shares that could continue to do so-proiezionidiborsa.it
The Ftse Mib continues to show excellent relative strength. The first support not to be broken on the downside is that of 25.190. Only weekly closing falls below this level would trigger a correction of several percentage points (5/7%). Even if some oscillators on the index are overbought, at the moment there is therefore no high probability that a major downward movement could start. What can we monitor in the short term? These 3 shares of the Ftse Mib could leave like a train.
What if the index retraces? These could go up all the same, or at most experience a bearish sideways phase. But let’s proceed step by step.
What did we notice in the previous trading week?
In addition to banks such as BPER, ENEL, Intesa Sanpaolo and Unicredit, we note the strong momentum of NEXI, which may have left the long-term low behind. Stellantis, at the moment it is not well set on the upside in the very short term.
Next week’s personal history gives very precise indications: there could ssre opportunities to be seized not only in the short term, but also in the medium term. What does history have to do with the markets? When a wing has been repeated over time, this assumes an important value for the future. If different conditions repeat themselves, those patterns will tend to repeat almost the same way. We therefore have a high probability that Italgas, Leonardo And Italian postwidely undervalued stocks according to analysts’ estimates, may have left the worst behind.
These 3 shares of the Ftse Mib could leave like a train
Italgas personnel at work-proiezionidiborsa.it
Italgas, last price at 6.43. Fair value estimated by analysts at 5.90. Powerful upswing last week, which could initiate a strong upside targeting prime at 5.70 and overshooting and holding towards 6.30. The 200-week moving average that stopped the recent retracement could now forcefully push prices.
Headquarters Leonardo Finmeccanica-Rome-proieizonidiborsa.it
Leonardo, last price at 8.226. Fair value estimated by analysts at 12.08. Powerful upswing last week, which could initiate a strong upside with prime target at 9.15 and a breakout and hold at 10.50. The 200-month moving average which passes to 8.78 seems to attract short-term prices.
An office of Poste Italiane-proiezionidiborsa.it
Italian post it is not only the institution where interesting savings bonds can be subscribed to, but it is also a company listed on the Stock Exchange. Last price at 9.73. Fair value estimated by analysts at 12.08. Powerful upside swing last week which could initiate a strong upside with prime target at 9.85 and overshoot and hold at 10.23/11.05. The 200 week moving average moving to 9.11 would spot have done the worst behind.
