Double top formation
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Possible double top formation for Campari stock.
Considering that the actual global economy is slowing down and that the Italian stock market is actually in a bear market (the FTSE MIB Index is actually -24% YTD) a price decline could happen.
Considering the foundamentals of the company if the price will go down i will look for an entry point since the company is solid.
Considering that the actual global economy is slowing down and that the Italian stock market is actually in a bear market (the FTSE MIB Index is actually -24% YTD) a price decline could happen.
Considering the foundamentals of the company if the price will go down i will look for an entry point since the company is solid.
Nota
Thesis invalidated
Penafian
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