Ferrari N.V.
Updated

Gap down and go?

327
This could just keep grinding higher, but I think an opportunity could be coming. This has been trading in a distribution pattern, I believe there are some weak hands that need to be shaken out. I’m looking for a correction into the zone outlined. I’ll be playing this with some long dated options / commons. This won’t be active until zone is hit.
Trade active
put on a position this morning

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