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BP

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11 years 9 months ago #10325 by redchilly
Replied by redchilly on topic BP
Its broken out of a triangle so be careful
Its making HHs and HLs
Even daily candles are making HH and HL

Horizontal resistance is 510 but its the megaphone resistance which should be the real test (around 524 area)

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11 years 9 months ago #10324 by Shotry
Replied by Shotry on topic BP
screencast.com/t/9QrW3HBnsjvM

Entered short speculating on a fall back from resistance at 510. May increase if the price reaches 514.5. I've annotated the chart.
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11 years 10 months ago #10050 by Trendfriend
Replied by Trendfriend on topic BP
This is approaching a important level of support. Around 464p.

uk.advfn.com/p.php?pid=chartscreenshotsh...roo%3D&symbol=L%5EBP .

Sorry not sure how to download the chart, link above.
Regs,
Trendfriend.
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12 years 4 weeks ago #9249 by Trendfriend
Replied by Trendfriend on topic BP
This seems to be dropping a fair amount.

Any views on BP?
Supports and resistance, and good Long entry points if possible please.

Thanks,
Trendfriend.

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12 years 1 month ago #9080 by Jackozy
Replied by Jackozy on topic BP
Not a very encouraging daily candle on this: gapped up and formed a possible shooting star. This could well be a good short now:




dl.dropboxusercontent.com/u/20815047/FTS.../BPdaily09_01_14.png
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12 years 1 month ago #9074 by Jackozy
BP was created by Jackozy
This has broken out of the 495p resistance today. Sorry, only got yesterday's closing chart:



dl.dropboxusercontent.com/u/20815047/FTS.../BPdaily08_01_14.png

I'm long now. Target 512p. Stop below yesterday's low.
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