BPER Banca: Buy Signal on Double Bottom, Sector Leads the Way

BPER Banca receives a fresh buy signal in week 1, with the European financial sector (EXV1) leading the way at +6.3% over the past month. A double bottom in the 11 area gives structure to the move, but conviction remains moderate: Signal Strength at 47 out of 100 and a setup still in the making. Fifth among the 6 fresh EU-UK longs: an interesting case, best approached with measured sizing.