Bullish on BorgWarner Inc.
The Globe and Mail Published April 9, 2021 Bookmark BorgWarner (Friday’s close US$46.68) declined from US$58.22 to US$32.47 in 2018 (A-B) and then settled in a horizontal trading range mostly between US$31 and US$46 (dashed lines). During the “flash crash” in March, 2020, the stock dipped temporarily below this range (C) then quickly returned within the trading range. The recent rise above the top of this range signaled a breakout and the start of a new up-trend toward higher targets ...
Source: theglobeandmail.com