andmk2
Long

Can BP break its long standing resistance?

LSE:BP.   BP PLC $0.25
After today's positive results, can BP break its long standing resistance at 518p?
A resistance that's been in pace since 2011.
It looks like this is the time.
Wait and see.
Comment: At the moment, it's "No"
Comment: Retest in progress
Comment: Broken! Bullish outlook.
Comment: Hegative: Breakout arrested on the Deepwater Horizon claims. BP will need more net positives to keep its head above 520p.
Support at 483p its 21 moving average and is now heading back over 500p.
getting a little closer to a conclusive break of 522p
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