Downloading...
Download

BWA

Borg Warner set to move 20%Borg Warner Inc. (BWA) presently approaching meaningful channel support, able to absorb monthly selling pressures. From here (BWA) can gain bullish momentum and push back to the channel top, eliciting gains of 20% over the following 2 - 3 months. A weekly settlement above a key level would accelerate this potential move. Inversely, closing below channel support would elicit a sell signal where losses of 20% would be expected over the same time horizon.
NYSE:BWA
by SpecialeAnalysis
BWA: Solidification Before a Gush ForthI believe that successful trading strategies rely heavily upon identifying consolidation zones . Consolidation zones provide us the right direction of the market. Consolidation happens when a market move sharply upside or downside. Later, a trader can use these consolidation zones to identify patterns, whether it be a continuation or reversa l. It requires attention and care. Rather than turning out to be a factory of producing signals, it is better to sit down and look for a setup. Setups are important because we are planning a trade and execute them on time. If you fail to plan a setup, then you are planning to fail. Another advantage of trade setup is that we know where to get out and the right time to go in. Know the market. Study the price movements and make your trades. My charts use price movements, patterns, structures and indicators such as moving averages and oscillators. Trading intelligence is combining multiple knowledge to produce a favorable trade setup and plans.
NYSE:BWAEducation
by Dinkan