This time it is an Italian company.
Ferrari 🏎️ $RACE (+1.47%)
I advise against further purchases alla buy the dip. (this is investment advice 🤭)
Of course, I could be wrong and things could turn out very differently, but the probability that we will see prices between €250 and €300 in the next few months is given and realistic. You could actually place a first tranche here if you really want to have this company in your portfolio.
It is not impossible that we will see the second target zone below € 220, but the probability is lower.