An auto and truck parts player that insiders are in love with right here is Fuel Systems Solutions ( FSYS), which designs, manufactures and supplies alternative fuel components and systems for use in the transportation and industrial markets. Insiders are buying up this stock into some decent weakness, since shares are off by over 20% in the last three months. Fuel Systems Solutions has a market cap of $324.64 million and an enterprise value of $258.62 million. This stock trades at a premium valuation, with a trailing price-to-earnings of 90.11 and a forward price-to-earnings of 17.63. Its estimated growth rate for this year is 53.8%, and for next year it's pegged at 130%. This is a cash-rich company, since the total cash position on its balance sheet is $75.03 million and its total debt is $8.99 million. A beneficial owner just bought 69,800 shares, or around $1.10 million worth of stock, at $15.57 per share.>>3 Auto Stocks to Buy Instead of Ford, GM From a technical perspective, FSYS is currently trading above its 50-day moving average and below its 200-day moving average, which is neutral trendwise. This stock sold off hard in May from over $24.16 to a recent low of $14.02 a share. Since tagging that low, shares of FSYS have started to trade range bound between $14.55 and $18.35 a share. This stock has also started to make higher lows for the past two months, which could mean that we're about to see a change in trend towards bullish for FSYS. If you're bullish on FSYS, then I would look for long-biased trades once this stock manages to take out some near-term overhead resistance at $17.06 a share with high volume. Look for volume on that move that hits near or above its three-month average action of 351,166 shares. If we get that action soon, then FSYS will have a great chance of re-testing and possibly taking out its next overhead resistance level at $18.35 a share, and then its 200-day moving average of $19.99 a share. On the flipside, I would avoid FSYS or look for short-baized trades if the stock fails to trigger that breakout soon, and then pushes back below its 50-day moving average of $15.78 a share with heavy volume. If we get that action, then FSYS could setup to trend back towards its recent lows of $14.85 to $14.02 a share.