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Novo's 8% may well be sold off again in the short term, but I don't really see a bottom for Ferrari yet.
Since Corona, we have just entered the upper part of the value area, the POC is €171🥶let's hope that this level is not reached.

From the price level, it looks like a support, but there was hardly any volume at this level, i.e. it may well go down further, or you may be lucky and a lot of volume comes in that clears the SL and then it bounces.
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@TomTurboInvest If I interpret it correctly, then the support for Ferrari is at €283-298! If this zone holds, then a breakout to over €327 could follow... let's see how the share develops, I'm not invested yet!
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@BavarianLion a HighVolumeNode is at least around 280€, this support is definitely stronger.
I'm just observing Ferrari, but I'm not planning to buy.
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@TomTurboInvest If I see a support that holds at the weekly closing price, then I would get in 🏎️
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@TomTurboInvest as i said, there are still 2 tranches open, each with 5-10 shares.
I don't really buy new stocks for less than 5k anymore.
next target is around 280€
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@BavarianLion I'm not interested in Ferrari at the moment, I don't see why they should be rising at the moment? But I am watching the chart out of interest to learn when and for what reason a resistance will hold at some point. The 171€ would be clear to me, before that the reasons or events would be interesting.
PS: I'm planning to borrow one for a weekend this year, it's always been a dream to drive one, maybe that will turn things around 🤪🤣
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@TomTurboInvest I once had one over the weekend, you won't regret it 🔥 It's an incredible feeling (the sound alone)! If I had so much money that I wasn't interested in 300k, I would buy a 488 Spider IMMEDIATELY!
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