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ShadowTrader Free Trade Idea of the Week BWA – Short…

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Borg Warner (BWA) – Short
Entry – 37.95
Stop – 38.97

Target – 36.37

The magenta arrow illustrates the pause taken by BWA after the sharp price move lower.  With the failure of follow through higher on Friday and its daily close on the low, the current down move is now poised to reassert itself.  The only technical support for BWA is the target noted on the chart at 36.37.

For an average of 2-5 trade ideas like this every day along with daily market analysis and trading guidance, follow the ShadowTraderPro Swing Trader. This service is now available for FREE.  All you have to do is click on “Tools” tab on your TOS platform or go to www.MyTrade.com and “follow” ShadowTraderPro Swing Trader.

Written by “Danno” Sheehy

Danno is the editor of the ShadowTraderPro Swing Trader and is the developer of the ShadowTrader Sector Trend Scores and also the infamous ShadowTrader Money Flow indicator. Check out the full version of the Swing Trader newsletter daily at www.mytrade.com/shadowtraderproswing

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