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Key Technical Levels in Ferrari Stock before Its Q3 2018 Results

Key Technical Levels in Ferrari Stock before Its Q3 2018 Results

In the previous part of this series, we saw that Ferrari’s (RACE) valuation multiples were much higher than the multiples reported by mainstream automakers (XLY) General Motors (GM), Ford (F), and Fiat Chrysler (FCAU). Now, let’s look at a few key technical levels in Ferrari stock before its third-quarter earnings event.