Amplifon: double bottom and tight stop, but confirmation disappoints

Amplifon is at week 5 of a buy signal on Borsa Italiana (Milan), ranking 15th among the 58 open longs for European-UK stocks. The Quality of Setup Index (IQS) stands at 38 out of 100 in ordinary phase, signal strength at 64 out of 100 — medium conviction, but a volatile ride. The confirmation week closed bearish and the trade is -2.74% from entry: a case to manage with discipline, not to reinforce.