By Tim - http://stockstobuy.org
The following is BP plc (BP) stock technical analysis for September 23, 2010
BP plc (BP) Support & Resistance Levels - 9/23/10
BP plc (BP) Support & Resistance Levels - 9/23/10
Resistance Levels: $40, $41.59
Support Levels: $37.72, $36, $35, $32.50
Chart - http://www.stockcharts.com/
Support Levels: $37.72, $36, $35, $32.50
Chart - http://www.stockcharts.com/
BP plc (BP) continues to trade in a narrow range between $37.50-$38.50. BP does not have any major resistance until $40. After $40, BP has resistance located at $41.59 which isn't major. BP remains a solid long term buy on pullbacks below $36. The negative media effect on BP's stock is in the rear view mirror.
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