Very extended so I'll be a tad aggressive but Volume, gaps, trend all confirmed bearish. Any retest that it does do on the daily or hourly level, look for a shorting opportunity
Any continuation South from this negative candle looks bad for BP. - will need a stock market or oil price rally to rescue it from here.
Luis M likes it. Nice range and decent gap on the daily.
BP is at great location to buy if interested to own stock . BP pays good dividend about 5.8%
Look at the remarkable action around the KEY HIDDEN LEVELS in BP over the past 10 months - There have been multiple tests of the key support lines that provided ideal and low risk entries on pull-backs. Subscribe to "Key Hidden Levels" in the "Marketplace Add-Ons" section of "Indicators" . I'm looking to get long against support down here - I will post my...
WHY BECAUSE OF HIGH FREQUENCY TRADING AND COMPUTERIZED BUYING STABILIZING STOCKS ON EMAS THAT ONLY DAY-TRADERS ONCE USED , IF YOU DON'T BUY NOW YOU WILL BUY AT 40 THIS WILL CHANNEL 30.47 AND 33.30 AND GROW IN PRICE DAY OVER DAY. AS YOU SEE WXT TRIGGERED THE STOCK TO SIDEWAYS TREND TO ITS 8 THEN IN BETWEEN ITS 8 & 10 NO TIME TO START A TRUE WAVE FOR A SPINOFF...
AS OF YESTERDAY THE STOCK ANNOUNCED IT COMPLETED THE PURCHASE OF REVOLUTIONARY LNG TANKERS FROM BP GROUP AND THE ADVANCEMENT OF FORTHCOMING CONTINUOUS CONTRACTS TO SHIP TO THE EU. THEY ALSO ANNOUNCED THEY WILL PURCHASE TWO MORE HYUNDAI WHICH WILL EXPAND FLEET BY 2017. GLOP THE LP PARENT COMPANY ATTEMPTED TO TAKE A HIT WHOEVER CLOSED STRONG WITH THE REVENUE ALL...
2014-06-06 when price turns before reaching its next logical line (In this case , the down sloping Median Line) it's an indication of a larger counter move. A buy may be entered when price crosses the TL it was responding to on current drop. My prop. calc. puts TG @ 1.7056. If price fails at the TL, I'll consider this thrust as a price mark-up to catch out new...