Banco BPM: at the 2nd model window, the third target is still open

Banco BPM is in its 8th week of a buy: 2 of the 3 statistical targets of our most advanced model already hit, with a 4.22% gain from entry. The 2nd management window falls this very week — a 20% reduction — and technical signals are beginning to show cracks, with sellers extremely dominant in the last bar and MACD deteriorating. The third window, with a 30% reduction, is set for week 10.