Ferrari update

22 ก.ย. 2019Stock broke the uptrend line, retested it and now retests the green buy zone. Potential to short the break lower and target the first fib level at 38.2%, also 200SMA on daily is catching up to that level.
A buy is possible is price starts to close the gap back up to 160 level, wait for impulsive move higher for confirmation.

Good Luck!