Amplifon: buy signal at week 6, but confirmation points to caution

Amplifon is in week 6 of a buy signal, with the trade down 6.67%. The confirmation week closed bearish and the model suggests exiting the position. On the daily chart, a double bottom in the 10 area with an intermediate rebound of 13% is in play — a positive technical signal that has not yet convinced the weekly structure. The stock ranks 11th among the 61 ongoing buy positions in EU-UK stocks in our ranking.