The selloff is affecting Italian banks is not over yet.
The stock entered a bearish channel and is headed to 1.8-1.9
Of course the price is heavily drugged by political risk and next Italian government's steps might change the trend abruptly.
***As usual not a trading advice, merely my idea for informational and educational purposes only***
The stock entered a bearish channel and is headed to 1.8-1.9
Of course the price is heavily drugged by political risk and next Italian government's steps might change the trend abruptly.
***As usual not a trading advice, merely my idea for informational and educational purposes only***
Comment:
not over yet, although a tecnical bounce might happen