RACE at a Finnish Line? Ferrari new ATH at a Golden Genesis Fib
Updated
Ferrari's latest Earnings report was great news.
Price popped to the Golden Genesis fib at $517.
Look for retrace or break and retest for long entry.
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Price popped to the Golden Genesis fib at $517.
Look for retrace or break and retest for long entry.
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Comment
(( PING ))"Ping" = exact ricochet on fib that you can almost HEAR
My rule:
"Not all Pings start a Reversal,
but Most reversals start with a Ping"
Came up strong so reversal unlikely.
So looking for pullback to add shares.
Otherwise Break-and-Retest possible.
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