(Finance) – Lively session today for BFF Bank, protagonist of an upward extension with a progress of 2.58%. Rumors of interest from international investors contribute to supporting the stock, which has recently been on a roller coaster following Bank of Italy’s findings on receivables from the PA. According to MF, the institute led by Massimiliano Belingheri would have ended up “on the radar” of the funds that would have opened a dossier.
On a weekly basis, the stock’s trend is more solid than that of FTSE Italia All-Share. At the moment, therefore, the appeal of investors is aimed more decisively at bank active in non-recourse factoring of trade receivables from the public administration compared to the reference index.
Contraction for the general technical framework with the price curve forced to suffer greater pressure from sellers with deepening of the quota towards 9.19 Euros. On the contrary, sudden bullish impulses could instead find resistance at 9.52. The weakening of BFF Bank it is identified by the perforation of the 5-day moving average under the 8-day longer term algorithm. The most consistent expectations are for a continuation of the negative trend towards the 9.05 area.