BP now forming higher low, oversold signals. DXY weakening supporting equities, long here stops below the lows
No way this doesn't test the resistance. Strike price $25ish. Financials are slowly improving and are shifting to focus to renewable energy. I want to read more into the management team but let's see what happens. What do you think?
Overbought, top end of volatilty range, due a pullback along with global indices.
BP bounce off key support created a opportunity to buy on the pinbar candle off support. I waited for the pin off and retest of support for my entry, this is the most conservative entry on a pinbar setup. You can enter at close of pinbar to aggressively enter the market. I waited for confirmation of TRND Bot buy signal! Clean charts = Clean profits! Long calls to...
BP and alot of oil companies look poised to make big trend changes. With BP holding 20-21$ support zone and a potential head and shoulders pattern, this stock should be getting back to 25 dollars. Technical Info: A large head and shoulders/ or cup and handle RSI is trending up while the stock may have found support at 21$ This stock took a beating from...
Look at the price target on the chart. ** It's just my guess, not recommended to be believed. lol
$BP ready to break out the resistance. The first target is $22.33 and then if it breaks this line, $24.40 is next target.
BP reached a strong 4h structure support. On that, the price has formed a double bottom formation with equal lows. After a violation of its neckline, we see a retest. With a high probability, the market will start growing soon. Goals: 275. 285.
Downtrend Channel breakout, revisit trendline Breakaway Gap. Trendline break ABC Patten: Swing A crossed SMA50 (1st) and SMA200 (2nd), -- Wave#1 SMA50 Crossed SMA200, -- Golden Cross. Swing B tested SMA200 as support. -- Wave#2 Swing C will be not less than A; -- Wave#3 Entry 21.5 Stop 20 Target 27 I am not a PRO...
PoC at 21.90. Stoch entering momentum zone, MACD overturning, RSI oversold. Hoping the 20SMA at 22.90 does not kill the run.
Oversold, on lower trend line, building positive divergences, final drop to flush weak hands ? Long with stops below the lows, good risk/reward.
12 month price forecast for bp PLC have a median target of 28.00 with 0 high estimate of 39.84 and a low estimate ol 17.29 The median estimate represents a +29.56% increase from The last price of 22.23. The current consensus among 31 polled investment analysis is to buy Stock in bp PLC. This rating has held steady since January when it was unchanged from a buy rating
BP is breaking out. It retested support and I think it goes higher from here. Thanks
Following downward channel, but Bullish for 2021
BP can make moves into north as you can see in my chart its touching my fibonaccies and BP is heavily undervalued due to covid. Were almost at ATL, oil is still essentiel for the world machine to keep running. Positive News about vaccines could boost the price like a SpaceX Rocket. Targets are pretty safe and should arrive till 01.06 max. Happy Trading!