BP. (BP.L) 30-01-20
Will BP. (BP.L) fall beyond the 465p support level, or will we see a retest of 582p? (+23%)
- The stock is near support at 465p, now trading at 470.7p (at time of writing).
- Whilst the past does not always repeat itself, the support level has held up well.
- From here, will buying pressure return to drive the price back to 582p? (+23%).
- As always, be aware of news and events that can change the market’s perception of value – this can lead to key levels being broken.
- Shares -19% from 12-month highs; +1% from 12 month lows.