In a week of uncertainty, especially on the Nasdaq, which is on a critical point, see the article I posted last week for a more in-depth analysis, Ferrari finally seems to have started its bullish phase, after the long decline that the 'led to a loss of 36% from the beginning of 2021 to the beginning of March. The price strongly breaks the bearish trendline on...
I missed the Euro trade session, NYSE:RACE gapped up in the US. A possible 1:3 risk:reward trade; stop near the close of the gap.
Let's see the chart guys
When growth and inflation around the world are seemingly increasing on a MoM basis, consumer discretionary stocks perform well. We've seen this across the board so far this year, and in the latter parts of 2020. Ferrari is no exception, with a premium luxury brand with international recognition. Recently, RACE has been pulling back, and I'd look to start to leg...
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"
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...
wait for any 0.5 or 0.618 point to be tested. then off you go.
💰 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! -...
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....
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.
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!
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...
Kill the boy and let the man be born.