Bull Corner: New Breakout for the Automotive Sector

Fidelity Select Automotive Fund (FSAVX, last change: 1.03%)

The Fidelity Select Automotive Fund (FSAVX, last change: 1.03%) is now the highest ranked Fidelity mutual fund based on the FidelitySignal momentum screen with 21.88% three-month return. The chart shows that FSAVX moved above the recently established trading range, which is very bullish for the sector.

 

Buy/sell signals for Fidelity funds are available at FidelitySignal.com 

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