BP
A trading opportunity for you?
Will BP break 6 month support, or will it rise again to July highs of 560p (+6%)?
- Bounced off 515p at 6 month support (Last traded there 1st Feb 2019) last week
- Now 527p (at time of writing).
- Trading Statement update tomorrow morning, will this be a catalyst for the next move?
- Will the pattern repeat, the shares climbing back towards 560p early July highs (+6%)?
- Shares -9.37% from 2019 highs; +7.8% from 2019 lows; +4.3% year-to-date.
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal