Poste Italiane pauses after the rally, sellers take volume
Poste Italiane slips 1.5% as sellers retake control of volume
Poste Italiane pauses after the rally, sellers take volume
Our view last week
Poste Italiane is in week 11 of a buy signal, running at +29.64% since entry. All 3 targets of our most advanced model have been hit and coverage is complete: the stop now trails the Inversion Point on the residual capital. Signal strength has weakened in the meantime, and the stock ranks 44th among the 62 open buys in European-UK stocks.
This week's summary
Poste Italiane pauses after its rally: the week closes down 1.5% and volume swings sharply toward sellers, 79% of turnover versus 72% on the buy side the week before. The weekly RSI stays very high, at 74.7, but is cooling from 81 three weeks ago. Price is boxed into a tight band between support in the 28.7 area and resistance in the 29.4 area, after a long run that has taken the trade to +27.73% since entry.
IQS Phase
61
ordinary
Signal Strength
44
medium · weak
Sizing
REDUCED
Ranking
#40 / 60
EU-UK stocks in progress
Trade P&L %
+27.73%
from signal to today
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