The Ski Mask is on......BPNo 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?Longby Redimere_91Updated 442
Short BPOverbought, top end of volatilty range, due a pullback along with global indices.Shortby risk_manage_itPublished 0
BP - Range BoundBP 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 $25. If you like this idea follow for more and hit that like button! Good luck! Trade smart! Cheers!Longby Verum0Published 335
BP 21$ support level bounceBP 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 2018-2020 and this stock with an any decent momentum (if any) should reach back to $25-35$. Longby TickTackTradesPublished 1
BP migh be dropped with H&S /Truncated ZZ pattern before rising.Look at the price target on the chart. ** It's just my guess, not recommended to be believed. lolby ioiboxPublished 0
$BP ready to break the resistance $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.by mirimoghadamUpdated 2
BP PLC (BRITISH OIL): Classic Long Trade 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. Longby VasilyTraderPublished 3317
BP LongDowntrend 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 trader. I trade option to test my trading plan with small cost. The max Risk of each plan is less than 1% of my account. If you like this idea, please use SIM/Demo account to try it.Longby PlanTradePlanMMUpdated 229
BP breakout is imminent.PoC at 21.90. Stoch entering momentum zone, MACD overturning, RSI oversold. Hoping the 20SMA at 22.90 does not kill the run.Longby IrshuEKPublished 0
Long BPOversold, on lower trend line, building positive divergences, final drop to flush weak hands ? Long with stops below the lows, good risk/reward.Longby risk_manage_itPublished 336
'Stock Price forecast of bp PLC + projections12 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 ratingby SebastiannorrisPublished 0
BP - Buy The RetestBP is breaking out. It retested support and I think it goes higher from here. ThanksLongby fissh_Published 2
BP- Bullish in 2021, Bearish long-termFollowing downward channel, but Bullish for 2021Longby realcryptopeekPublished 0
BP TO RECOVER IN 2021 UNDERVALUEDBP 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! Longby cripsyPublished 220
BP To the moon?BP Shares have suffered with issues over oil price / demand, clean energy disruption & competition - Price hit a 26 year low earlier this week However, significant divergence in Share Price VS Momentum - small position taken Shares have broken out of channel, looking for a retest + rejection of channel (which appears to emerging at the moment) to give greater confirmation for larger position With price being at historic lows it makes for an excellent RRR Please note Earnings on 27/10 could provide extreme volatility in share price - so may be worth waiting until after the figures are announced before taking a position. Longby jevanss25Updated 0
BPInfo only, not advice. Wave 3 complete, pulling back on wave 4 for final push up through wave 5Longby tdbevaPublished 0
BP p.l.c. goes ex-dividend. Is it time to buy? Since July 2019 BP’s share price has taken a serious beating, driving prices to sink to a 21-year low as of last month. Many contributing factors, such as tumbling oil prices and lack of green credentials are responsible for the brutal decline that has seen investors shy away from one of the top blue-chip companies. Another concern surrounding BP is its dividend payments. Yesterday BP went ex-dividend, so investors would have needed to purchase shares in order to receive the next dividend on the 18th of December. BP’s dividend is not well covered by earnings, as the company lost money last year, this should be a concern for investors who are looking to buy at these low bargain prices, but as we all know, paying a dividend from your pocket is not sustainable in the long run, so investors should first look into whether or not earnings are likely to recover. If we take a look on the bright side of things, analysts are forecasting a recovery, albeit a slow one. BP has plans to adapt to the changing world integrating oil with renewables, which in our opinion is a sound approach. For a long term investment, BP is well worth considering in our opinion at these low single-digit prices. by rapidrunnersPublished 3
LONG BPExpecting bounce from extremely oversold weekly and daily levels. If stop breached, be prepared to catch new daily reversal on lower levels with a tight stop.Longby jerryasPublished 114
BP might see it test the March low againBased on the hourly timeframe, See price attempting to breakout 17.55 Immediate Resistance 18.32 (MA200) Fundamentally weak. Dont see any improvement on consumption with Covid still around. Will probably see it testing 15.51 again.by jcylchartsPublished 222