Borgwarner BWA Pivots Trading Plans and Risk Controls

Source: Stock Traders Daily

Longer Term Trading Plans for BWA
  • Buy BWA over 36.36 target 40.25 stop loss @ 36.25 Details
  • The technical summary data tells us to buy BWA near 36.36 with an upside target of 40.25. This data also tells us to set a stop loss @ 36.25 to protect against excessive loss in case the stock begins to move against the trade. 36.36 is the first level of support below 37.87 , and by rule, any test of support is a buy signal. In this case, support 36.36 is being tested, a buy signal would exist.

  • Short BWA under 40.25, target 36.36, stop loss @ 40.37 Details
  • The technical summary data is suggesting a short of BWA as it gets near 40.25 with a downside target of 36.36. We should have a stop loss in place at 40.37though. 40.25 is the first level of resistance above 37.87, and by rule, any test of resistance is a short signal. In this case, if resistance 40.25 is being tested, a short signal would exist.

Swing Trading Plans for BWA
  • Buy BWA over 39.05, target 40.25, Stop Loss @ 38.94 Details
  • If 39.05 begins to break higher, the technical summary data tells us to buy BWA just over 39.05, with an upside target of 40.25. The data also tells us to set a stop loss @ 38.94 in case the stock turns against the trade. 39.05 is the first level of resistance above 37.87, and by rule, any break above resistance is a buy signal. In this case, 39.05, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short BWA near 39.05, target 36.36, Stop Loss @ 39.16. Details
  • The technical summary data is suggesting a short of BWA if it tests 39.05 with a downside target of 36.36. We should have a stop loss in place at 39.16 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 39.05, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for BWA
  • Buy BWA over 39.11, target 39.94, Stop Loss @ 39.02 Details
  • If 39.11 begins to break higher, the technical summary data tells us to buy BWA just over 39.11, with an upside target of 39.94. The data also tells us to set a stop loss @ 39.02 in case the stock turns against the trade. 39.11 is the first level of resistance above 37.87, and by rule, any break above resistance is a buy signal. In this case, 39.11, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short BWA near 39.11, target 36.36, Stop Loss @ 39.2. Details
  • The technical summary data is suggesting a short of BWA if it tests 39.11 with a downside target of 36.36. We should have a stop loss in place at 39.2 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 39.11, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

BWA Ratings for August 06:

Term →Near Mid Long
Rating Strong Strong Weak
P1 0 0 32.69
P2 39.11 39.05 36.36
P3 39.94 40.21 40.25

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BWA Long Term Analysis for August 6 2022


BWA Swing Trading Analysis for August 6 2022


BWA Day Trading Analysis for August 6 2022

This Borgwarner (NYSE: BWA) report was produced by Stock Traders Daily.  Over the past 20 years our metholdology has been refined to help identify strategies for both individual stocks and the stock markets, with prudent risk controls.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for BWA change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

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Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if BWA is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

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