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BP - BP.L
5 years 7 months ago #17115
by Paitech
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5 years 7 months ago #17116
by Trendfriend
Replied by Trendfriend on topic BP - BP.L
bp - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...LqEq13+TwCHGpXB043M=
possibly this has closed at a key gap support level.....will it hold?
it could do a gap fill and bounce?
i would say caution with this imvho.....the main markets have been strong (US indices) and ftse has been trading sideways.....but this stock has been falling....
bp - daily long term.
uk.advfn.com/p.php?pid=chartscreenshotsh...DORwT7RqrdKsIy3wWAU=
the longer term chart trend channel points to a possible drop ss low as 180p

lets see..
atb, wdik, dyor,
trendfriend
uk.advfn.com/p.php?pid=chartscreenshotsh...LqEq13+TwCHGpXB043M=
possibly this has closed at a key gap support level.....will it hold?
it could do a gap fill and bounce?
i would say caution with this imvho.....the main markets have been strong (US indices) and ftse has been trading sideways.....but this stock has been falling....
bp - daily long term.
uk.advfn.com/p.php?pid=chartscreenshotsh...DORwT7RqrdKsIy3wWAU=
the longer term chart trend channel points to a possible drop ss low as 180p
lets see..
atb, wdik, dyor,
trendfriend
The following user(s) said Thank You: Paitech
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5 years 6 months ago #17149
by Paitech
TF,
I am really tempted to buy some BP.its around 225p today.
What do you think....I have no idea why this is going down even compared to FTSE
Ta G
I am really tempted to buy some BP.its around 225p today.
What do you think....I have no idea why this is going down even compared to FTSE
Ta G
The following user(s) said Thank You: Trendfriend
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5 years 6 months ago #17150
by Trendfriend
Replied by Trendfriend on topic BP - BP.L
bp - daily
uk.advfn.com/p.php?pid=chartscreenshotsh...WirvFr%2FFc5e73v0%3D
this has come back to retest the low of the crash.....will it hold and bounce or make a l/low?
I think we could well see a bounce now....even if its only a short lived one...
The rsi is below 30...
Can do a lot worse than buying bp at 225p......even with a reduced divi it returns around 7% at these levels....
question is will it go lower?
i honestly think it will....i'm waiting to see if this gets to 185p area....which was the target here from a while back...
lets see...
atb, wdik, dyor,
trendfriend
uk.advfn.com/p.php?pid=chartscreenshotsh...WirvFr%2FFc5e73v0%3D
this has come back to retest the low of the crash.....will it hold and bounce or make a l/low?
I think we could well see a bounce now....even if its only a short lived one...
The rsi is below 30...
Can do a lot worse than buying bp at 225p......even with a reduced divi it returns around 7% at these levels....
question is will it go lower?
i honestly think it will....i'm waiting to see if this gets to 185p area....which was the target here from a while back...
lets see...
atb, wdik, dyor,
trendfriend
The following user(s) said Thank You: Paitech
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