By Tim - http://stockstobuy.org
The following is BP plc (BP) stock technical analysis for September 15, 2010
BP plc (BP) Support & Resistance Levels - 9/15/10
BP plc (BP) Support & Resistance Levels - 9/15/10
Resistance Levels: $40, $41.59
Support Levels: $37.30, $36, $35, $32.50
Chart - http://www.stockcharts.com/
Support Levels: $37.30, $36, $35, $32.50
Chart - http://www.stockcharts.com/
BP plc (BP) closed just above $38.50 on Tuesday but is pulling back slightly today. I think BP can make a run toward $40 in the coming weeks as long as the stock market remains strong. BP has support located in the mid $37's as well as $36. BP remains a strong buy below $36 for the long term. After $40, BP will have resistance located at $41.59.
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