FERRARI IS IN III MAJOR WAVEIn my opinion Ferrari is in a III major wave. The race is still going. With the logaritmic chart the movements are more clear.Longby GioBruPublished 4
Shorting RACEThis is the perfect stock to short. I`ll do it, till $150. What do you think guys and girls?Shortby DejanDjekicPublished 1
WAVE 3 ON GOING WITH TARGET 250€Ferrari is winning is race with this spectacular wave 3 on going. The first Fibonacci target of this wave is around 250€Longby GioBruPublished 1
RACE BREAK THROUGH SHORT TERM SUPPORT TREND LINERACE has tested the resistance zone and broke through the short term (1hr) support trend line. There are signs of weakness from the indicators showing negative divergence. Please note however the long term trend is UP so you would be trading against the major trend.Shortby winningeverydayUpdated 113
$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 adviceLongby Triple_Barrel_CapitalPublished 4
Ferrari short (RACE)Must be careful here to cut the loss if price breaks up higher than the all time high.Shortby TradewithLuPublished 0
Ferrari (RACE) sell signalFerrari (RACE) D1: Downtrend like from textbook + Horizontal level + Overbought + Hidden Divergence on RSI(14).Shortby Dmitry_NikolaevPublished 0
Get rid of those FERRARIS!!!!After the monthly being lost i expect continuation down. This trade can turn into being the play of the year with targets as low as 48. I will be shorting this and keeping an eye on it for sure. Shortby mrfalvoPublished 1
End of the Luxury Cycle? Ferrari to drop 30%+ This will be deep. good luckShortby ll21LAMBOS21Updated 8
Getting Into Gear With Ferrari (RACE)Dear Trader Investing and trading offshore allows market participants to access industries and sectors not necessarily available on the JSE. Today's trade idea illustrates that with the share being luxury car manufacturer Ferrari NV whose share price has been under pressure since mid-year amid late-CEO Sergio Marchionne stepping down due to health concerns, a quarterly earnings disappointment as well as a generally softer equity market. At current levels the share is trading at horizontal support with the share price oversold as indicated by the stochastic technical indicator. Additionally we also note the RSI forming a bullish divergence. Today, the Milan-list share has added just over 2.7% which I would expect to follow through to the NYSE-listed share. Based on this, traders could look to take a buy/long position based in anticipation of a short to medium term rebound. These are the trade levels: Buy RACE better than $101.60 Stop-loss: $96.40 Take Profit Target(s): $111 and $115 Longby LD_PerspectivesPublished 2
Autonomous AI Trading Ferrari Stock Bubble $145 Junk ratingPR Strong Buy $37 NR Junk $145Shortby autonomoustradingPublished 2
Ferrari Won;t do well in a bad economy....ShortTitle says it all, this is an easy one in these conditions.Shortby Not_Han_SoloUpdated 4
short RACEin a crisis do you buy Ferarris ? the stock is quite inflated as well.Shortby CodedFlowUpdated 1
FerrariCould be misreading this one bc the volume doesn't exactly align with a typical SHS pattern but it looks like a complex version/broadening top. Shortby jthrasherPublished 2
$RACE Up Trend Line Broke + below 9eMAPost ER Pull $107.27 or bounce to Trend & $121.21 Support 2 $131.76 Fillby tekmunneePublished 115