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Home / Support and Resistance / BP. (BP.L) 30-10-19

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

BP. (BP.L) 30-10-19

Will BP. (BP.L) break below the 490p support, or bounce to highs at 570p (+15%)?

 

  • Currently trading around the 490p support at 495.5p (at time of writing).
  • Will the shares rally to recent highs of 570p? (+15%).
  • Shares -14% from 12-month highs; +2% from 12 month lows.

 

Latest News

30 Jul:  UK shares opened higher this morning, following a boost from oil and gas giant BP and weakness in the pound.  Strong quarterly numbers from BP offset some of the poor performers.

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

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