entry level: 14.68€
stop loss: 13.77€
After the previous entry at level prox. at 14€, i'll set an order if the price gets in the green area indicated on the chart.
The idea is to enter in order to see the price getting at least at level 15.77€.
FCA POTENTIAL SHORT
Most of my analysis and setups are going to be in the FOREX markets but from time to time I see potential opportunity in other markets as well so I want to post them so that everyone following me, regardless of the market you like to trade, can potentially benefit from these setups. I had been looking through certain automobile stocks and I...
As yesterday's rumors on Marchionne,the unique FCA's CEO who had the personality to re-build and re-design a company with a deep loss above 1.5 Billions, staying strong and reaching targets harder and harder.
Ferrari IPO, Maserati, and now he was re-launching the italian storical brand of Alfa Romeo, one of the first car firm in the wolrd in terms of quality,...
Fiat Chrysler #FCA long bias. Long term buy setup at monthly demand zone around 6.22 or longs at new areas of demand. After a very strong rally in price, price usually creates a bigger retracement down to valid areas of demand. This is a long term buy setup at a big timeframe area of demand.
We have no doubts anymore. Fiat is a short.
1st: Double top
2nd: Increased huge volumes at top
3rd: Starting moving downwards.
4rd: Stocastic divergence
First natural target at 8.50
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