Ferrari breaking out downside.

BATS:RACE   Ferrari N.V.
Ferrari in a very clear textbook #Distribution since a few days.
Institutions accumulating your Stop Losses.

So a super Flat channel - no subjectivity there.

We're missing a #BullTrap - Ideally I like to see one. Will be surprised if it breaks down so easily.

But still taking the trade at 930 EST Monday open - its 5x if it works.


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