![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgHIaA_mlgYuWnWz8mqzkafdt43uPkTwwfHa-msJYb1_y28wnoJ52Ox337U6kXIRgsE1cHlqOeS6Pvi-GFXKdT0pTJkzmbf0GvInQi44OZBsRBjlSQpeiemXGX4kbB_5Z_R3W3kunBGNoc/s320/bp.png)
The following is BP plc (BP) stock technical analysis for October 18, 2010
BP plc (BP) Support & Resistance Levels - 10/18/10
Chart - http://www.stockcharts.com/
BP plc (BP) Support & Resistance Levels - 10/18/10
Resistance Levels: $42.08, $45.62
Support Levels: $40, $38
Support Levels: $40, $38
Chart - http://www.stockcharts.com/
BP plc (BP) stock is now pulling back and testing $40 after topping out near $42 recently. BP has solid support at $38 if $40 doesn't hold. BP is a great long term buy below $38 if we would see a greater pullback. At this point, BP will have resistance at $42.08 as well as the 200 day moving average located at $45.62.
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/