Sky's shadow gives Tiscali wings. Around 12, the share gained more than 9% in Piazza Affari, at 0,048 euro, with a boom in trading: almost 138 million pieces changed hands, compared to the almost 26 million daily monthly average
Tiscali's take-off comes in the wake of rumors of Sky Italia's interest in the Sardinian company, which has managed to stabilize the trend of its turnover in the last period. In detail, Sky would like to replicate the BSKyB model.
In reality, it is not the first time that such rumors have circulated about the future of Tiscali, which continues to be weighed down by the high debt (185 million euros) subject to revaluation with the banks.
According to the analysis of the Teleborsa Research Office, at a technical level, the comparison of the share with the Ftse Italia Small Cap, on a weekly basis, shows the greater relative strength of Tiscali compared to the index, highlighting the concrete attractiveness of the share by the buyers. Tiscali's short-term technical framework shows an upward acceleration of the curve with a target identified at 0,0493. Risk of a fall to 0,0464 which will not jeopardize the good health of the current trend but which represents a temporary correction. Expectations are for an extension of the uptrendline towards 0,0522. The indications do not constitute an invitation to trading.
