BP plc BP Stock Hitting $38.50 Resistance

By Tim - http://stockstobuy.org

The following is BP plc (BP) stock technical analysis for September 13, 2010

BP plc (BP) Support & Resistance Levels - 9/13/10

Resistance Levels: $40, $41.59

Support Levels: $36, $35, $32.50

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

BP plc (BP) closed at $38.35 on Monday, just shy of the $38.50 resistance level. Looking at the chart, if BP stock can close back above $38.50, I think it can run back to $40 per share. BP remains a solid long term buy below $36.

For more Technical Analysis - Go Here

Today's Biggest Stock Market Gainers - Top 2010 Stock Gainers - Top 2010 Penny Stocks - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Stocks for 2010

For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/