BP plc BP stock technical analysis for September 24, 2010
Resistance levels: $38.86, $38.61, $38.37
Share of BP is trading near all moving average which is short term bullish. BP remains a strong buy below $36 for the long term. After $40, BP will have resistance located at $41.59.If BP does break $40, the next major resistance level is located at $41.59. BP has support and remains a strong buy now below $36. I think BP share always news kind of stock so I will be careful here to trade.I think smart money already make BP stock.
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