Ferrari N.V.
Long

Ferrari Is Looking Ready To Race

74
That's right, a bad play on puns... I'm not even a dad yet lol.

Momentum is favoring RACE big time. It is setting up for a really strong pullback.

  • Touch of the Keltner channel
  • Gap up from earnings (earnings drift in our favor)
  • Anti setting up on the MACD
  • Momentum on MACD daily and weekly in our favor
  • Bears are trying hard if Friday's bar is reversed, look for strong price action to the upside
  • Strong weekly momentum on last weeks bar


This is as good as it gets for a set up!

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