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TritonTheBillionaire
Jan 7, 2021 3:17 PM

Ferrari bearish swing to 178 Short

Ferrari N.V.NYSE

Description

One of the limits for the year has been triggered by this stock so I am short the stock. I typically close stocks based on weekly close so a weekly close above $235 is my reason to close and potentially switch sides. This trade will be held for weeks once it goes into profit.

I got filled at 221.33 with a SL of $235 and a target of $178

Should this stock close weekly above $230.35 I will manually close it before my intended SL.

This is for entertainment purposes only.
Trading come with risk and you should consult a financial advisor for financial advice.

Trade active

Comment

If any of you are in this trade this will be the best time to cover. This is a long term trade so I will commit to the SL mentioned above unless I see a reason to cut early.

Comment

Closing this trade at $6 per share profit on the short.

Trade closed manually

Comments
Investroy
Amazing stuff, love the chart my guy
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