BP - BP.L

BP - Daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...Vh7jpX37JQ3hqZWM4%3D

Daily long term.
uk.advfn.com/p.php?pid=chartscreenshotsh...1bwUVPf4z9HsmGw3g%3D

This looks like its in spot of bother. Broken below a log term main up trend line from 2021.
It could be a bear trap...so a break below key suppot around 447/450p area is needed to confirm.

If that level fails...will look to see how low this could possibly go..

atb, wdik,dyor,
trendfriend

Some more charts on BP...
I been trading the channel.. latest buying at 373 ...and getting out higher....
THoughts welcome...

Ta
G

This has started to breakout of a major resistance level.
also cup and handle formation breakout.

THis looks easily going higher ...

bp. - daliy.
uk.advfn.com/p.php?pid=chartscreenshotsh...Ytu+AucUBLemxUY6wNE=

Sometimes a stock is just not doing anything....just drifting sideways ...ZZzzzz
Traders using cfd's may look at the range between 290p and 310p and scalp away at that...
Its been stuck in that range for 6 weeks or so.

If i'm going to make a call here it would be for this to eventually drop back to 250p.
Longer term i think this will make another lower low....so below 185p imvho...

The resistance seems very strong in the low 300's here...so a break above could see a new rally....but that looks unlikely imvho...

atb, wdik,dyor,
trendfriend

Would it bounce of 291 , which is 50 dma or 271 which is 200 dma?
or will it bounce off the trendline.... tempted to buy at 270 for sure...

ta
G