"Technical Trading Event"
Fiat Chrysler Automobile N.V.
January 18, 2017 at 2:43:50 pm (EST) — Fiat Chrysler was trading normal most of the day. Suddenly, price jumped on over one million shares.
NewsHedge alerted its clients to the unusual trading event at 2:44:11 pm (EST) as shares rose from $9.56 to $9.87.
As this technical trading event happened, Wall Street instantaneously took to Twitter to share information. According to Metricle's quantitative Twitter data, Twitter posts for Fiat Chrysler produced a positive "buy" signal—as visually seen below.
Over the next several trading sessions, our quantitative data continued to produce a positive "buy" signal—giving our clients even more conviction to remain long, or to add to their long position.
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