NYSE:RACE   FERRARI N V
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The Ferrari chart offers good opportunities to get into this stock. Currently at a resistance level for a few days now, pushing of the 100 SMA . A break above 136 is a trigger for a long trade. Alternatively a small risk on shorting the bounce of the resistance, though waiting for it to push lower than 100 SMA would provide better confirmation.
Sep 19
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Sep 20
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Sep 20
Comment: We had a retest of the broken level, which was great to add another position if you haven't already. Now let's see how this goes, stops remain in place for now.
Sep 25
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Sep 25
Comment: Price continues up , now approaching 140 round number. If a pullback happens to confirm the level, new long opportunities to add to the trade will appear. At this point we could start moving stops from the very first position.
Sep 26
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Sep 26
Comment: After bouncing of the 140 level, today price breaks higher, another long position added.
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