Michelon

Michelon

Even if the long-term trend is still negative, the prices are at an oversold level and with increasing volumes there is a possibility of a rebound. 1st Target 24% Fibonacci retracement--> area 24€ Excellent Fundamentals • Solid growth: Revenues +6.6% YoY, with forecast of further growth of 6.3% in 2025 • Good profitability: ROE of 12.9%, above the sector...

Michelon

Ad esser pessimisti il terzo incrocio delle due medie mobili fa un po' di paura.