By Tim - http://stockstobuy.org
The following is BP plc (BP) stock technical analysis for November 3, 2010
BP plc (BP) Support & Resistance Levels - 11/3/10
Chart - http://www.stockcharts.com/
BP plc (BP) Support & Resistance Levels - 11/3/10
Resistance Levels: $45, $45.62
Support Levels: $40.68, $38
Support Levels: $40.68, $38
Chart - http://www.stockcharts.com/
BP plc (BP) stock is up 3% in pre market today after Goldman Sachs came out and upgraded the stock. BP will not have any major resistance until $45 as well as $45.62. BP will be a strong buy on pullbacks below $41 which is where the 10 day moving average is located. BP is set to have a great rest of 2010.
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