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BWA: fading downside momentum

A price action above 37.00 supports a bullish trend direction.
Crossing below this level will negate the bullish stance.
'Further trend support above 38.00.
Crossing above 39.00 might target 40.00. (200-day simple moving average - which might act as some major resistance.
Fading downside price momentum might support the bullish bias.

Chart PatternsTechnical IndicatorsTrend Analysis

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