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tomj2417
May 7, 2020 12:58 PM

BP plc - still some life in oil? Long

BP ORD USD0.25LSE

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Looking thorough a few UK stocks this evening and this one caught my eye. Has the oil and gas sector made a bottom? Is this a clear 5 wave move off that bottom from a global company? Two possibles are presented here, both bullish, but the blue count is calling for a deeper correction. Will need some more watching for me but it certainly looks interesting. Will have a look at a longer time frame to see if it offers me any more clues.

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