BP plc BP Stock Technical Analysis

BP plc BP  Resistance, pivot & Support Levels - 06/03/2010

Resistance levels: $39.87, $39.13, $38.39

Support levels:$36.69, $35.73, $34.99



 

 
The share of BP  rebound today but trading closed under all moving average.This stock got hit big time last few trading days. Government has opened a criminal investigation of BP.Stock has some resistance level $40.Support level is $40.If stock broke $35 level stock could go $31 level.I think stay away from Bp stock chart and fundamental not looking good.I think any bounce people will get out from this stock.
 

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