Fincantieri falls 13% in a week: the decline picks up speed

Fincantieri is at week 21 of a sell signal, with a trade gain of 37.9% from inception. Last week closed -13%, with sellers at 83% and heavy distribution: the decline picked up speed. On the daily chart, a double bottom in the 10 area is forming a potential floor — the trend remains bearish but early signs of deceleration are worth watching.