BP - BP.L

bp- daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...4SX1DhOFqjJU1R4OpCo=

Didn't buy here after all...was tempted and after missing out on a nice bounce over at rolls royce...was very close to buying but this never really looked convincing during the mini bounce we did get.

I would say caution with this now imvho....if the red support line fails around 195p....could well open the door for a final drop towards 150p....

atb, wdik, dyor,
trendfriend

bought bp at 196p today and some at 203p yday.....

bp - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...9HJfIwq6id3d%2Fw4%3D

first sign in a while of a possible rally coming up....
positive divergence on the rsi.

could well be just a short term bounce and then another low....
Either way if you are fan of the stock may well be worth buying some here...but keeping in mind that this could go lower to to the 160's/170's imho...so stop below there...

I think i may well get my first buy here tomorrow and add if it goes lower...
lets see...

atb, wdik, dyor,
trendfriend

Thanks TF.
I hold some with a loss now, but I will add once it goes bit lower....
Have a good day
ta
G

bp. daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...DfDtyIMmzcnPC+oaeFs=

short term daily shows a target at about 165p.

bp- weekly.
uk.advfn.com/p.php?pid=chartscreenshotsh...IL6d2Dh0YEN/cmggXIs=

long term weekly shows a target at about 180p area....

so between 165p and 180p if we do go there! for a long term buy opportunity.

atb, wdik, dyor,
trendfriend

bp - daily
uk.advfn.com/p.php?pid=chartscreenshotsh...WirvFr%2FFc5e73v0%3D

this has come back to retest the low of the crash.....will it hold and bounce or make a l/low?
I think we could well see a bounce now....even if its only a short lived one...
The rsi is below 30...

Can do a lot worse than buying bp at 225p......even with a reduced divi it returns around 7% at these levels....

question is will it go lower?
i honestly think it will....i'm waiting to see if this gets to 185p area....which was the target here from a while back...
lets see...

atb, wdik, dyor,
trendfriend