Medium term view - B M.PASCHI SIENA : The support has been breached.
The previous low has been broken, the bearish trend is confirmed. The next target is at €12.40. The invalidation level is below €21.10.Arguments :
- The support has been breached.
- Prices made a new all-time-low, the trend is well asserted.
- The moving average is capping...
Banca Monte dei Paschi di Siena Group is engaged in business areas such as leasing, factoring, corporate finance, investment banking and consumer credit. Co.'s Operating Segments are as follow: the Retail & Corporate division, made up by the Retail Banking and Corporate Banking segments, and the Corporate Centre. The Retail banking segment's areas of business include funding, lending, the provision of insurance products, financial and non-financial services (including through electronic payment instruments) to retail customers. The corporate banking segment's areas of business include lending and providing financial products and services to businesses.
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