On the weekly chart (left) we can see a significant rise for FCAU, breaking from a sideways channel mid-2017 and lifting to the end of Jan.2018. This lift created a channel structure and overall we are watching to see if the market continues to lift within the channel, or breaks from it. Note the […]
FCAU IDEA
FCAU Fiat Chrysler Automobiles IDEA
Our MACRO BIAS for the auto industry in general is negative – we don’t see it holding up in the long run. When we take a look at FCAU’s chart however, we can clearly see a positive trend still under way. The left hand weekly chart shows a long term expanding wedge, with the market […]