Italgas (IG.mi) bearish scenario:The technical figure Triangle can be found in the Italian company Italgas S.p.A. (IG.mi) at daily chart. Italgas S.p.A. is an Italian company specialised in the distribution of natural gas. It is listed on the Milan Stock Exchange and included in the FTSE MIB index. The Triangle has broken through the support line on 04/02/2022, if the price holds below this level you can have a possible bearish price movement with a forecast for the next 15 days towards 5.482 EUR. Your stop loss order according to experts should be placed at 5.984 EUR if you decide to enter this position.
Italgas and Buzzi Unicem have signed an agreement for the development of a feasibility study on the implementation of Power to Gas plants in combination with Carbon Capture Systems at Buzzi Unicem's production plants. The implementation of these technologies is aimed at promoting the decarbonization of cement and concrete production processes in order to increase environmental sustainability and facilitate the energy transition.
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