F1: Vettel to Ferrari (NYSE:RACE)Fans, “Our day will come.”

F1: Vettel to Ferrari (NYSE:RACE)Fans, “Our day will come.”

$RACE

Ferrari’s (NYSE:RACE) lead shoe, Sebastian Vettel, is confident his thrilling drive from last to 2nd position at the German Grand Prix can help trigger a turnaround in Ferrari’s season.

Ferrari had looked set for another disappointment Saturday when Mr. Vettel’s turbo saw some trouble ahead of Qualifying. But Mr. Vettel was a Star performer in Sunday’s Wet & Wild race wowing the fans at his home track Sunday.

“After the disappointing day [in qualifying], where everything was ready — the crowd was ready; I was ready, the team was ready — obviously we didn’t have qualifying, so starting last I was very excited about the race in these conditions, anything can happen,” he said. “The race turned out a lot crazier than I thought beforehand but yeah, I’m very happy.

“I’m very happy for the team first of all. It’s a tough period for us. We are pushing very hard — we are doing mistakes, we are not where we want to be, but we need to keep believing in ourselves, in our abilities, our strengths, and I’m confident that our days will come.”

The Scuderia is very determined

“I’m as impatient as everyone else to get the results finally but it will take a little while. We know what we can improve and that’s what we are working on; but in the meantime I hope that people are a bit patient and give us that freedom in that time.

“But yeah, in that regard it feels like a small victory Sunday.”

The final race before the mid-season break is this weekend, with the F1 circus moving to the Hungarian Grand Prix

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 Very Bullish, overhead resistance is at 165.64, and support at 164.91, all Key indicators are Very Bullish in here. Ferrari finished at 164.68, -1.17 Monday in NY.

Ferrari will continue to create value in the long term. Ferrari is a quality 1st long term investment, and I see it at 200/share in that frame.

More racing this week ahead of the Summer hiatus, tune in.

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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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