TradingView
UnderArmourMonk
Sep 27, 2022 3:23 PM

BP longterm long Long

BP p.l.c.NYSE

Description

Can build a long term meaningful BP position from here until 2038. They'll help lead the way into the energy switch.

Last quarter prices of oil were still high no matter what trend it was going so this quarter will be good profits again.

My bet is that this diamond breaks out higher due to the overall low market cap of energy companies with regard to their global economic value.

I used to work for a large subsea oil company and they were pretty sure 2038 is the year to watch.

Comment

building a core position slowly over the next few years
More