jaxdog

$BP Ready to Breakout of 15 Year Downtrend?

NYSE:BP   BP p.l.c.
If the Energy Sector gets going again you might want to have BP on your watchlist. However, it is encountering some major resistance where it’s at right now. Look at the chart for notations. This is NOT ready to trade yet according to my trading plan but is on my longer term watchlist. Ideas, not investing / trading advice.

I also need to note that there are better looking charts i n this sector such as $XOM and $OXY. This one just caught my eye.

Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.

I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
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