F1: Austrian Grand Prix Lineup

F1: Austrian Grand Prix Lineup

#F1 #Austrian #GrandPrix #Ferrari #MercedesAMG #RedBullRacing #Vettel #Leclerc #Bottas #Hamilton

$RACE

After Saturday qualifying; race Sunday At Red Bull Ring Spielberg, Austria Lap length: 4.32 kilometres Third session

1. Valtteri Bottas, Finland, MercedesAMG, 1 minute, 02.939 seconds.

2. Lewis Hamilton, Great Britain, MercedesAMG, 1:02.951.

3. Max Verstappen, Netherlands, Red Bull Racing Honda, 1:03.477.

4. Lando Norris, Great Britain, McLaren Renault, 1:03.626.

5. Alexander Albon, Thailand, Red Bull Racing Honda, 1:03.868.

6. Sergio Perez, Mexico, Racing Point BWT Mercedes, 1:03.868.

7. Charles Leclerc, Monaco, Ferrari, 1:03.923.

8. Carlos Sainz Jr, Spain, McLaren Renault, 1:03.971.

9. Lance Stroll, Canada, Racing Point BWT Mercedes, 1:04.029.

10. Daniel Ricciardo, Australia, Renault, 1:04.239.

11. Sebastian Vettel, Germany, Ferrari, 1:04.206.

12. Pierre Gasly, France, Scuderia Toro Rosso Honda, 1:04.305.

13. Daniil Kvyat, Russia, Scuderia Toro Rosso Honda, 1:04.431.

14. Esteban Ocon, France, Renault, 1:04.643.

15. Romain Grosjean, France, Haas Ferrari, 1:04.691.

16. Kevin Magnussen, Denmark, Haas Ferrari, 1:05.164.

17. George Russell, Great Britain, Williams Mercedes, 1:05.167.

18. Antonio Giovinazzi, Italy, Alfa Romeo Racing Ferrari, 1:05.175.

19. Kimi Raikkonen, Finland, Alfa Romeo Racing Ferrari, 1:05.224.

20. Nicholas Latifi, Canada, Williams Mercedes, 1:05.757.

Ferrari is The Aristocrat of the automotive sector.

Enzo Ferrari’s iconic Italian Supercar manufacturer claimed the title according to the latest Brand Finance Global 500 2019 report launched at the World Economic Forum in Davos

HeffX-LTN overall technical outlook for RACE is overall Bullish with a Very Bullish bias, the Key resistance 175.53, and Key support is at 170.65.

Our overall technical outlook is Bullish in here, as all Key indicators are Bullish to Very Bullish as it approaches its all time highs at 179.21 marked on 18 February 2020.

Ferrari (NYSE:RACE) finished Wednesday at 171.94, +0.93 in NY just shy of its all time highs.

The Maranello Outfit’s shares were raised to Buy from Hold at HSBC.

Ferrari will continue to create value in the long term. Ferrari is a quality 1st long term luxury products investment, and I have called it at it at 200+/share long term, adjusting it to 200/share short term (after the virus) and siding with BAML to 230 long term for now. The stock is now considered defensive in the sector.

Enjoy the Racing and have a Happy Star Spangled Weekend

 

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Paul Ebeling

Paul A. Ebeling, a polymath, excels, in diverse fields of knowledge Including Pattern Recognition Analysis in Equities, Commodities and Foreign Exchange, and he it the author of "The Red Roadmaster's Technical Report on the US Major Market Indices, a highly regarded, weekly financial market commentary. He is a philosopher, issuing insights on a wide range of subjects to over a million cohorts. An international audience of opinion makers, business leaders, and global organizations recognize Ebeling as an expert.   

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