Ferrari reported a 13% increase in core earnings in the first quarter of 2021, but its shares fell as the luxury sports car maker failed to excite investors. The Italian company said its quarterly results were boosted by pricing power, the mix of product sales, and a greater contribution from personalized vehicles. It also cited rising deliveries of its 2 million...
Buckle up, Ferrari (RACE) fans! The Italian Stallion is back in the driver's seat, and I am bullish after a crucial resistance level was shattered. Ferrari stock surged past $370 resistance, a key technical hurdle that has capped the stock's potential for some time. This breakout suggests a bullish trend could be taking hold, with some expert analysts eyeing a...
Ferrari (NYSE: NYSE:RACE ), the iconic luxury sports car manufacturer, is making headlines once again as its stock ( NYSE:RACE ) catapults to all-time highs, fueled by impressive Q4 earnings and the potential signing of Formula 1 legend Lewis Hamilton. The renowned racing driver, a seven-time World Drivers' Championship winner, could be donning the iconic red...
Porsche, one of the automotive manufacturers with one of the highest profit margins per car in the world. After RACE, Ferrari, it's Porsche, it seems to me. This stock has returned to its IPO price... Undervalued in my opinion. - Price-To-Earnings ratio (12.9x) is below the German market (16.1x) - Earnings are forecast to grow 5.77% per year - Earnings grew by...
i0.wp.com Stock has broken out of this broadening pattern to reach new all-time highs with a measured target of at least $360.00 after beating expectations and and raising guidance. Ferrari Stock Is on Track to Hit All-Time Highs — WSJ Nov 3, 202321:31 GMT+2 RACE +1.78% By Hardika Singh The company that makes some of the hottest cars in the world has a hot...
As you citizens can see we've found a mistake in our earlier analysis, we are apoligising for this. We think that during summer of 1998 Russian Federation stepped into fx trading big time and move cycles towards bigger and longer planning. So as you have guessed this is a game of sharade about who is planning longer and who is taking gaps. Thank you and see you...
I've included a weekly trade plan for RACE (Ferrari) with points to watch at the weekly close, need a close below yellow and green supports right now, this week should give a strong signal. Once that happens we have to capture a 12% swing to low as that's a strong support area, where we will be looking for re entry short or long depending on the general market...
This is huge for Ferrari and we are expecting a surge in price for the RACE Ferrari stock
Race Ferrari (NYSE) presents an enticing opportunity for investors looking to go long in the luxury automotive sector. Ferrari, known for its iconic brand and high-performance vehicles, has demonstrated resilience amid economic uncertainties. One compelling reason to consider a long position is Ferrari's strong brand loyalty and demand for its premium cars,...
🔸Hello traders, today let's review4 daily price chart for RACE/Ferrari. Measured move pullback in progress right now, however overall strong chart indicates further upside possible. 🔸Strong sequence of higher lows and higher highs and new higher lows new higher low expected near 210/215 usd. currently pullback in progress so it's recommended to wait until...
On this weekly chart I have set up the running ratio of shares of TSLA to shares of Ford over a time span dating back to pre-covid times. Added to the chart are a set of EMAs as well as zero-lag MACD and Directional Index indicators. TLSA dominated early and the ratio steadily increased. Given a choice between TSLA and F the longterm investor would buy the...
When we look at the Ferrari graph on an annual basis, we see a rising wedge. Generally, assuming the wedge has broken downwards, the next target will be the $150 level. If we need to support this technical analysis with fundamental analysis, it is striking that especially the PEG ratio is too high. As long as the wedge doesn't break higher ($218), I will keep the...
Ferrari symbol in the stock market. The price has broken the downtrend line and will correct. To notify the analysis, follow me and contact me if you have any comments or questions.
My position and play is marked on the chart. Expecting selling to continue and target is the bottom zone at $206-$209 level.
Ferrari (RACE) is near 192€ former resistance, that should work as a support this time. It's also at the bottom of a 3 year channel. Could be an entry point if we see any interesting pattern.
SNIPER STRATEGY This magical strategy works like a clock on almost any charts Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading. It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave. The best timeframe for this strategy is Daily, Weekly and Monthly...
Very much so. Not quite sure what the new impulse is associated with, yet we are very confident that this one is going to shoot up. Elliott wave/NeoWave analysis has shown us to be around 80% predictive on long positions. Good luck! Fibonacci goals are in green and invalidation is in red. Just to remind everyone, this is not financial advice. Do your own research...