Ferrari’s (NYSE:RACE) 80’s Turbo V-6 F1 Car Sounds Terrific, Listen…

Ferrari’s (NYSE:RACE) 80’s Turbo V-6 F1 Car Sounds Terrific, Listen…

$RACE

Modern F1 cars switched out their high-revving, high-cylinder-count engines for turbo, hybrid-assisted V-6 power plants in Y 2014. But that was not the first time the motorsport championship used turbocharged V-6 engines.

In the Eighties, many teams used turbo engines, including Ferrari (NYSE:RACE).

This 156/85 is one such example. But unlike today’s V-6 power units, this 1 sounds terrific. It has a raspy growl, and screams all the way to redline. Listen for yourself.

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 Neutral, there is Key resistance 167.47, and support is at 138.31, 1 of my Key indicators is Very Bullish as the stock is still oversold in here.

Ferrari finished at 144.95, +15.45 Tuesday in NY, and 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.

Have a healthy day, stay home!

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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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