RajDhall
Long

Looking for a move back into value

LSE:BP.   BP PLC $0.25
I believe we could see a move back into value or even higher if the oil             price rises after the 22nd Sept OPEC meeting.

We are currently seeing bullish signs and volume is in favor of this move.

I have highlighted what I believe is a floor and ceiling level of the current consolidation level.

The first target would be at the price label and then the top of the consolidation area
Comment: As previously stated I hope people looked at this trade as it would have been fruitful. Now I am expecting some consolidation and then a move back to the highs over some time
Update - This one went as planned as the oil price rose.

We may see some consolidation at the psychological levels.
Reply
English (UK)
English
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out