Tuesday, June 2, 2015

Fiat rides the bullish wave of registrations – The Messenger


 (AGI) – Running the Fiat Chrysler Automobiles, which exchanges with a percentage change of 0.61%.
main driver of the rise are the data on car registrations in Italy in May. The group headed by Sergio Marchionne once again outperformed the market, compared with a 10.8% of registrations in Italy, FCA scored a + 13.4%. The analysis carried out on a weekly basis of the title brings highlights the bullish trendline Fiat Chrysler Automobiles more pronounced than the performance of the FTSE MIB. This expresses the increased palatability to the title by the market. The technical status of the short period of Fiat Chrysler Automobiles highlights a widening of the positive performance of the curve with the first resistance area located at an altitude of 14,79 Euro. Risk of possible correction to target 14.68. Expectations are for an increase towards the bullish trendline resistance area 14.9. The indications do not constitute an invitation to trading. (Published by the University AGI)

 June 2, 2015 09:59 – Last Updated: 9:59

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