BP plc BP Stock Analysis - 9/10/10

By Tim - http://stockstobuy.org

The following is BP plc (BP) stock technical analysis for September 10, 2010

BP plc (BP) Support & Resistance Levels - 9/10/10

Resistance Levels: $40, $41.59

Support Levels: $36, $35, $32.50

Chart - http://www.stockcharts.com/

BP plc (BP) failed at $38.50 yesterday and is trading at $38.03 this morning. BP stock will have resistance located at $40 after $38.50 but if the stock can close above these two levels, I think BP can retest the recent high of $41.59. BP remains a strong buy around the $36 level or lower.

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