Prices are moving inside the channel - wisest option is to wait.
Risky option - go long
NYSE:FCAU
Fundamental News:
General Motors requests removal of judge and to vacate order from RICO lawsuit against Fiat Chrysler
NYSE:FCAU
Short Term - Prices might go long and then they can move sideways.
The Fan Principle can be seen as a weakness signal (perhaps, it might work as reversal signal).