RACE confirms the "Cup and Handle" pattern but with a little resistance at $ 183, I suggest you buy at $180 + $185 at the ratio (50% + 50%). RACE buy : $180 + $185 at the ratio (50% + 50%). RACE target : $220 Stop loss : 10% Wish you good deals!
ENTRY: Above 155.5 STOP: 151.4 TARGET: 166.5 RISK MAX: 0.25% Capital
💰 LET'S GET INTO SOME FERRARI ANALYSIS!💰 1️⃣ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! ❤❤❤ (Overall Market Sentiment) 🐻 Bearish - This one could be massive as a potential triple top crown could be in motion. We are now approaching the highs of the previous last 2 major structures. This could be a huge money maker for a bear! -...
Why get subbed to to me on Tradingview? -TOP author on TradingView -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -24/7 uptime so constant updates RACE 8H: 15% correction & best level to...
First off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said Ferrari is doing quite well for itself. Among their line of 2020 cars included are the Portofino, GTC4Lusso, F8 Spider, F8 Tributo, 488 Pista, 812 Superfast, SF90 Stradale, etc. The list of new and old cars is ever growing....
$RACE is showing a lot of strength and might not slow down soon. 🏎 Look to get in around the bottom of this trend line as it (presumably) marches higher. Having broken out above a long term resistance point, I wouldn't be surprised to see some consolidation and another leg higher. The turn in moving average is interesting. That suggests it might be in more of a...
Hey traders, **DISCLAIMER** content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Option FERRARI N V is in a compression zone it may be possible to break it with force and to go above its previous one above. Please LIKE & FOLLOW, thank you!
Who's going to be buying Ferrari's during a depression? Plus TA shows price breaking rising wedge, now pulling back and has been hugging the support line break for dear life, desperately trying to get back in. It's DOA - time to short.
Stop Loss: 121.6 Take Profit: 160
RESISTANCE TESTED. IF FAILS.. IT WILL DROP. IF THE RESISTANCE PENETRATED, WAIT FOR IT TO BE TESTED AS A SUPPORT, THEN OFF YOU GO LONG
Ferrari shows growth on the MACD and RSI after high volume sales. Has support at $167.
long in levels and following price... my first milan exchange analyze :)) leave me your like and comment's about my analyze on the posts ....
Stock broke the uptrend line, retested it and now retests the green buy zone. Potential to short the break lower and target the first fib level at 38.2%, also 200SMA on daily is catching up to that level. A buy is possible is price starts to close the gap back up to 160 level, wait for impulsive move higher for confirmation. Good Luck!
Both of these counts call for a decent correction in the short to medium term. However the blue count calls for a deep and protracted correction while the red count suggests that there may still be another leg up. Does anyone know which one it is? (Apologies for my attempt at humour in the title.)
Big banks and investment funds have a divided opinion of this stock, between 'hold' and 'buy'. Their target price ranges below the current one. Technically, the price made a 3rd touch on the trend line, so it confirmed now. A support zone at 150 is close. If the break happens wait for the support zone to break as well. Currently can look for longs for better...
I'm expecting Ferrari stock to enter (longterm?) downtrend on friday the 15th. The marketprice might be overstated for the quarter earnings. It has already entered a short downtrend. After that it stabilizes a little bit. The stabilizing support line is stagnating while the longterm resistant line is falling. The lines will cross on 16th of aug. Thats weekend. So...