By Tim - http://stockstobuy.org
The following is BP plc (BP) stock technical analysis for September 2, 2010
BP plc (BP) Support & Resistance Levels - 9/2/10
BP plc BP stock is back above $36 this morning and is testing the recent high of $36.29. BP is also trading back above both the 10 & 50 day moving averages. If BP stock can close back above $36.29, I think it can rally even further and possibly go back up to test $38.50. BP remains a strong long term buy below $35 per share.
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