Short term view - SALVATORE FERRAGAMO SPA : The rising ADX confirms the trend.
The trend is still bullish, the invalidation level is below €23.00. The target is at €27.00.Arguments :
- The resistance has been passed.
- The rising ADX confirms the trend.
- The moving average is supporting prices.
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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