How do we know what is going on #behindthescenes of a company? According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The Borgwarner (NYSE: BWA) report below is a real world example. Included are trading plans for BWA, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports .
Technical Summary
Term ? | Near | Mid | Long |
---|---|---|---|
Bias | Weak | Strong | Strong |
P1 | 0 | 0 | 43.25 |
P2 | 50.27 | 50.59 | 47.32 |
P3 | 52.76 | 53.74 | 51.30 |
Longer Term Trading Plans for BWA
May 13, 2021, 4:00 am ET
Our Longer Term Plans for BWA help you determine where to buy, sell, short, and set risk controls. Use this in conjunction with our Longer Term market Analysis to go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis and see how it helps you work with this BWA Report.
BWA - (Long) Support Plan
Buy over 47.32 target 51.30 stop loss @ 47.18
BWA - (Short) Resistance Plan
Short under 51.30, target 47.32, stop loss @ 51.45