F1: Ferrari (NYSE:RACE) 1-H Season Review

F1: Ferrari (NYSE:RACE) 1-H Season Review

F1: Ferrari (NYSE:RACE) 1-H Season Review

$RACE

Ferrari’s Sebastian Vettel led the F1 drivers’ standings at the Summer break, but The Scuderia is still facing a strong challenge to fend off MercedesAMG when racing resumes at the end of this month.

The Hungarian GP showed that Ferrari with its 1-2 victory has retained its slow-circuit advantage, which should bode well for races such as the Singapore GP, the number of high-speed circuits remaining this year may offer MercedesAMG drivers Lewis Hamilton and Valtteri Bottas the chance to make up some ground, we wait to see.

Have a look at what has worked so well for Ferrari so far in Y 2017, the Big Q: Is the SF70H is strong enough to help Sebastian Vettel post a 5th world title.

Symbol Last Trade Date Change Open High Low Volume
NYSE:RACE 110.32 15 August 2017 0.27 110.58 110.84 109.61 220,729
HeffX-LTN Analysis for RACE: Overall Short Intermediate Long
Bullish (0.33) Neutral (0.21) Bullish (0.35) Bullish (0.42)

Stay tuned…

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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