Jul. 5 at 6:58 PM
$RACE
Ferrari has been quietly building a constructive structure over the past ~6 months, forming a Stage 1 base while gradually reclaiming the 200-day SMA.
Price is now sitting near key breakout levels, where momentum typically starts to transition from consolidation into trend expansion if volume confirms.
On the fundamental side, consensus still points to EPS nearly doubling by 2028, which keeps the long-duration earnings story intact.
What stands out here is the combination: premium positioning, strong pricing power, and consistent margin profile - the type of setup that tends to attract longer-term capital when technicals align.
Not explosive yet, but structurally interesting if the breakout confirms.
