Ferrari update
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 risk-reward.
Ferrari seems one of the resilient stocks to global turmoils and recently continues to impress investors with improved financial performance. Good Luck!
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 risk-reward.
Ferrari seems one of the resilient stocks to global turmoils and recently continues to impress investors with improved financial performance. Good Luck!
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