BP - BP.L

TF,
I am really tempted to buy some BP.its around 225p today.
What do you think....I have no idea why this is going down even compared to FTSE
Ta G

This one too has broken down... and currently near 230s....
I did buy a long position, being over confident of a bounce, without a stop loss

bp - daily.

uk.advfn.com/p.php?pid=chartscreenshotsh...LqEq13+TwCHGpXB043M=

possibly this has closed at a key gap support level.....will it hold?
it could do a gap fill and bounce?
i would say caution with this imvho.....the main markets have been strong (US indices) and ftse has been trading sideways.....but this stock has been falling....

bp - daily long term.
uk.advfn.com/p.php?pid=chartscreenshotsh...DORwT7RqrdKsIy3wWAU=

the longer term chart trend channel points to a possible drop ss low as 180p

lets see..

atb, wdik, dyor,
trendfriend

HI TF,
I am thinking of adding a long at 258p...
I hold few from higher values too though

ta
G

Looks time for a revisit on this

bp - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...X1ueR0CwN7soOD8n4%3D

this near enough hit its target with a low of 223p....
Off course could have done a lot worse than buying near the low....but have we now missed the boat?

Maybe but at the very least this should come back from this gap resistance...to make a higher low....possibly to around the 260p area...
From there if we get a h/high....then bulls are back....but a lower low....then it should go a lot lower...

wait and watch imvho....

atb, wdik, dyor,
trendfriend