The technical figure Triangle can be found in the daily chart in the Italian company Atlantia SpA (ATL.mi). Atlantia SpA (formerly Autostrade) is an Italian holding company active in the infrastructure sector, including motorways, airport infrastructure and transport services. The group manages 9,400 km (5,800 mi) of toll motorways, Fiumicino and Ciampino airports in Italy and the three airstrips of Nice, Cannes-Mandelieu and Saint Tropez in France with more than 60 million passengers a year. It is listed on the Borsa Italiana and is a constituent of the FTSE MIB index. The Triangle broke through the resistance line on 02/11/2022. If the price holds above this level, you can have a possible bullish price movement with a forecast for the next 7 days towards 22.810 EUR. Your stop-loss order, according to experts, should be placed at 22.520 EUR if you decide to enter this position.
Atlantia's long-term investors, Singapore sovereign fund GIC and Italian banking foundation CRT, have tendered their shares in the takeover offer launched by the Benettons and U.S. investment fund Blackstone. CRT and GIC own 4.5% and 8.3%, respectively, in the infrastructure group. Benettons' holding company Edizione controls Atlantia with a 33% stake.
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Atlantia's long-term investors, Singapore sovereign fund GIC and Italian banking foundation CRT, have tendered their shares in the takeover offer launched by the Benettons and U.S. investment fund Blackstone. CRT and GIC own 4.5% and 8.3%, respectively, in the infrastructure group. Benettons' holding company Edizione controls Atlantia with a 33% stake.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.