FERRARI Tuesday, 5 January 2021
13:27 PM (WIB)
Ferrari still in very good control into the downtrend
Best regards,
RyodaBrainless
"Live to Ride and Ride to Live"
Ferrari
FERRARI Sunday, 3 January 2020
10:31 AM (WIB)
Ferrari, the most beautiful supercar in the world and a fascinating performance between the brand and stylish technology insight. Ferrari was my childhood dream. I want to have this alongside Harley Davidson.
Ferrari has a clean and strong ascending channel with clear support and resistance. The ascending channel shows a willingness to move higher and higher. Right now, Ferrari has on the top of resistance with the double top formation.
I could not found any pattern of formation in the Ferrari chart. But, it is clear to see in my view, Ferrari will starting the correction move to the support lines. I must follow the movement and totally learn the characteristics and behavior of the Ferrari. See you soon, My Love...
Best regards,
RyodaBrainless
"Live to Ride and Ride to Live"
😯 Ferrari Could Be MASSIVE For Bears! (RACE)💰 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!
- Let's also notice that we do have some lower lows on major structures. Failure to break higher will result in a massive drop I believe.
- I'm looking to play this one on a timeframe like the weekly for a turn around and hold a long term position.
Drop your charts and comments down below, share with us what you think is going on in the markets! ❤❤❤
Thanks for checking out our analysis! ✌😁✌
🥇MLT | MAJOR LEAGUE TRADER
RACE: $165 Long TargetFirst 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. Many people don't know this, but Ferrari makes alot of different luxury cars. I mean they, just like most car manufacturers, have a long list of product skews. Ferrari's production output of vehicles doesn't have to be that high given the price in comparison to other companies. However, with a nearly $30 billion dollar market cap, they are likely over 8x their yearly revenue in value over the traditional 300 to 330% that goes into valuations. This is because Ferrari unsurprisingly has brand value. Brand value increases equity value. This is why I see (with some resistance), the bullish run continuing to positively retrace towards the $165 price point.
Short Ferrari on Rising Wedge PullbackWho'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.
Ferrari ready for purchase after big sell off.Ferrari shows growth on the MACD and RSI after high volume sales.
Has support at $167.
Ferrari long idea by bluepiplong in levels and following price...
my first milan exchange analyze :))
leave me your like and comment's about my analyze on the posts ....
Ferrari updateStock 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!
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!
Ferrari expected downtrend theory on friday 15th aug.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 I would expect a fall on 15th of aug.
*sidenote* I just started experimenting with trend lines on charts this day (new to investing). It could be real bullshit what I'm selling, but I don't know. Please let me know what you think of this theory. All critics are welcome.
$RACE Ferrari Unusual Options Activity - $45M Earnings Bet$RACE earnings coming up early May
$45M of May 17th calls traded today deep in-the-money (13k conracts varying strikes vs 3,500 OI)
Will confirm positions in open interest tomorrow
Assuming a solid beat in May, we could see a push for new all time highs early summer
Medium term target - $165 by August
Note - Informational, not investment advice
Ferrari (RACE) sell signalFerrari (RACE) D1: Downtrend like from textbook + Horizontal level + Overbought + Hidden Divergence on RSI(14).
EURO POUND REVERSAL 20 Pip stop loss. Took an extra leg down - look to reverse to where there is strong support.
The Maid came to clean the room just then i think she liked the music aye.. ahah
Ferrari, very interesting set-upferrari's weekly chart looks quite unsettled: A head and shoulders pattern formed, but on the neckline level I can see a hammer and an inverted hammer. And even this week's candle seems to feel the neckline resistance. What to do then? No fucking idea. Consider a short if it breakes the neckline. But goddamit those two hammers are making me hard and anxious to buy. What do you god forsaken twats think?
FerrariThe Ferrari chart offers good opportunities to get into this stock. Currently at a resistance level for a few days now, pushing of the 100 SMA. A break above 136 is a trigger for a long trade. Alternatively a small risk on shorting the bounce of the resistance, though waiting for it to push lower than 100 SMA would provide better confirmation.
