BP

Just looking at a monthly chart here.
uk.advfn.com/p.php?pid=chartscreenshotsh...oo938=&symbol=L%5EBP .

This looks to heading to 360p area, which is important support and should hold...

If it does break 360p it could well be heading to 300p
Worth also bearing in mind, if BP heads to 300p, the ftse could go below 6000
May well not end up being so bad, so lets see...

Regards,
Trendfriend

As it is one of the FTSE top 10 dividend yield stocks, post the Ex Div date (6th August) potentially one of the causes of recent weakness:

www.topyields.nl/Top-dividend-yields-of-FTSE100.php

That and oil breaking support?

www.dailyfx.com/crude-oil

looks like it might be a rocky few weeks for oil stocks....time to sit on the cash pile a little longer, wait for the bottom?

This one is getting closer to lowers of 2010?

May be time to buy with one of best FTSE div companies?

ta
G

Remo,
Would you think its a good buy near 300p?
Ta
G

BP chart.. around 300p, may make first entry... ta
G

weekly chart attached...