June 04, 2025, 05:28 am ET, BY Chris - Contributor | 
                    Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
                
                
                
                                                                                            
                                                    Longer Term Trading Plans for RACE
	  						
	  						- Buy RACE near  460.24 target 497.35 stop loss @ 458.91  Details
 
	  						The technical summary data tells us to buy RACE near 460.24 with an upside target of 497.35.  This data also tells us to set a stop loss @ 458.91 to protect against excessive loss in case the stock begins to move against the trade.  460.24 is the first level of support below 475.74 , and by rule, any test of support is a buy signal.  In this case, support 460.24 is being tested, a buy signal would exist.
	  						- Short RACE slightly under 497.35, target 460.24, stop loss @ 498.79  Details
 
	  						The technical summary data is suggesting a short of RACE as it gets near 497.35 with a downside target of 460.24.  We should have a stop loss in place at 498.79though. 497.35 is the first level of resistance above 475.74, and by rule, any test of resistance is a short signal.  In this case, if resistance 497.35 is being tested, a short signal would exist. 
	  						
	  						Swing Trading Plans for RACE
	  						
	  						- Buy RACE slightly over 476.73, target 497.35, Stop Loss @ 475.35  Details
 
	  						If 476.73 begins to break higher, the technical summary data tells us to buy RACE just slightly over 476.73, with an upside target of 497.35.  The data also tells us to set a stop loss @ 475.35 in case the stock turns against the trade.  476.73 is the first level of resistance above 475.74, and by rule, any break above resistance is a buy signal.  In this case, 476.73, initial resistance, would be breaking higher, so a buy signal would exist.  Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
	  						- Short RACE slightly  near 476.73, target 465.9, Stop Loss @ 478.11.  Details
 
	  						The technical summary data is suggesting a short of RACE if it tests 476.73 with a downside target of 465.9. We should have a stop loss in place at 478.11 though in case the stock begins to move against the trade.  By rule, any test of resistance is a short signal.  In this case, if resistance, 476.73, is being tested a short signal would exist.  Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
	  						
	  						Day Trading Plans for RACE
	  						
	  						- Buy RACE slightly over 476.73, target 478.02, Stop Loss @ 475.62  Details
 
	  						If 476.73 begins to break higher, the technical summary data tells us to buy RACE just slightly over 476.73, with an upside target of 478.02.  The data also tells us to set a stop loss @ 475.62 in case the stock turns against the trade.  476.73 is the first level of resistance above 475.74, and by rule, any break above resistance is a buy signal.  In this case, 476.73, initial resistance, would be breaking higher, so a buy signal would exist.  Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
	  						- Short RACE slightly  near 476.73, target 475.05, Stop Loss @ 477.84.  Details
 
	  						The technical summary data is suggesting a short of RACE if it tests 476.73 with a downside target of 475.05. We should have a stop loss in place at 477.84 though in case the stock begins to move against the trade.  By rule, any test of resistance is a short signal.  In this case, if resistance, 476.73, is being tested a short signal would exist.  Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
	  						
Check the time stamp on this data. Updated AI-Generated Signals for Ferrari N.v. (RACE) available here: RACE.
 RACE Ratings for June 04:
						
						
						| Term → | Near | 
						Mid | 
						Long | 
						
						
						| Rating | 
						Neutral | 
						Weak | 
						Neutral | 
						
									
						
						| P1 | 
						0 | 
						0 | 
						422.65 | 
						
						
						| P2 | 
						475.05 | 
						465.9 | 
						460.24 | 
						
						
						| P3 | 
						478.02 | 
						476.73 | 
						497.35 | 
						
						
                                                
                        
                        
                        AI Generated Signals for RACE
                        
                                                    
                                                
                        
                            
                                Blue = Current Price
                                Red = Resistance
                                Green = Support
                            
                         
                        
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