Short term view - SALVATORE FERRAGAMO SPA : Prices are breaking above the moving average, it is a sign of strength.
The resistance has been passed, the trend becomes positive as we now have a succession of ascending peaks and troughs.The next target is at €24.37. The invalidation level is below €21.80.Arguments :
- The descending resistance has been breached.
- Prices are breaking above the moving average, it is a sign of strength.
Salvatore Ferragamo creates, produces and sales goods for men and women: footwear, leather goods, apparel, silk goods, jewels, other accessories and fragrances. as well as eyewear and watches manufactured under license by third parties. Co. sells its products through: a network of single Salvatore Ferragamo brand stores, managed both directly and by third parties; and presence in department stores and multibrand specialty stores. Co.'s fragrances product category involves the creation, development and production of fragrances and related products under the Salvatore Ferragamo brand. Co. is also active in the licensing of the Salvatore Ferragamo brand and in real estate management.
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