BP plc BP Stock Technical Analysis Pre-market trading $41.90

BP plc BP  Resistance & Support Levels - 10/01/2010

BP plc BP  stock technical analysis for October 01, 2010
 
Resistance levels: $42.25, $41.89, $41.53

Support levels:$40.58, $39.99, $39.63
 

Share of BP is trading over $41.90 in pre-market which is 4 weeks high.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.If stock break over $41.49 next swing point is $45.57.BP has support and remains a strong buy now below $36.Stock is always good buy near 9 day moving average which near $38 level.

You want to find out more Technical Analysis -Go Here
 
Good Luck .. Trade Smart!

For the latest updates on the stock market, visit,
http://hotstocks-blog.blogspot.com/ or Subscribe for free.