July 10, 2010

BP PLC Daily chart analysis

DAILY CHART
DAILY CHART WITH FIBONACCI VALUES
  • BP PLC is trading above its 20 day moving average.
  • It may rally till its 50 day moving average before finding resistance.
  • Immediate fibonacci resistances at 34.84 and 39.83

1 comment:

  1. zstock,
    Hi anoopsan,
    I thought I'd try shorting bp, at $35

    ReplyDelete