By Tim - http://stockstobuy.org
The following is BP plc (BP) stock technical analysis for October 5, 2010
BP plc (BP) Support & Resistance Levels - 10/5/10
Chart - http://www.stockcharts.com/
BP plc (BP) Support & Resistance Levels - 10/5/10
Resistance Levels: $42, $45
Support Levels: $39.55, $38.22
Support Levels: $39.55, $38.22
Chart - http://www.stockcharts.com/
BP plc (BP) is now holding strong in the $40's. BP stock continues to be in break out mode and I think the stock can go back to $45-$46. BP will have short term support located at $40 and resistance at $42. If BP sold off under $38, I'd be a buyer for the long term.
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/
