The following is BP plc (BP) stock technical analysis for February 2, 2011
BP plc (BP) Support & Resistance Levels - 2/2/11
BP plc (BP) Support & Resistance Levels - 2/2/11
Resistance Levels: $48.16, $50
Support Levels: $45, $44
Chart - http://www.stockcharts.com/
BP plc (BP) is trading back at the 10 day moving average today, located at $47.29. BP plc (BP) has resistance at $48.16 & $50 but then nothing major until $52-$53. BP will see some technical buying now that the stock has closed back above $47. BP is a strong buy on pullbacks below $45. I think BP should hit $52-$55 sometime in 2011.
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 - Stock Picks 2011
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 - Stock Picks 2011
For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/