BP is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2019, it produced 2.3 million barrels of liquids and 9.5 billion cubic feet of natural gas per day, including volumes from its 20% ownership interest in Rosneft. At year-end 2019, reserves stood at 19.3 billion barrels of oil equivalent, 59% of which are...
Looking for a move like this on BP stock. Consolidation on Moving Averages and hoping for a break up and move higher.
NYSE:BP Possible Scenario: LONG Evidence: Price Action TP1~ 25.5 Call options, Strike 25$, 04/30/21
BP p.l.c. engages in the energy business worldwide. It operates through Gas & Low Carbon Energy, Oil Production & Operations, Customers & Products, and Rosneft segments. It produces and trades in natural gas; offers biofuels; operates onshore and offshore wind power, and solar power generating facilities; and provides de-carbonization solutions and services, such...
$BP and $BPMP look poised for breakouts with the right market conditions.
Interesting patterns are emerging in BP PLC, we're observing an ascending channel, respecting support at 250 GBX and Fib 0.5 at 289 GBP. The next level at 327 GBP and then 374 GBX.
4-hour chart indicates we are going $26+ soon
The PEAD projected a Bearish outlook for $BP after a Negative over reaction following its earnings release placing the stock in drift C If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
Long Setup at the bottom of a ascending channel for BP 4HR TF Areas of confluence too include 200EMA 0.618 Fib pull from High to Low Volume Profile *POC Point of Control .618 Fib Speed fan All confluences within the orange Box in the chart Be responsible for your SL and Invalidation Like and Follow is always appreciated
BP PLC engages in the energy business worldwide. It operates through three segments: Upstream, Downstream, and Rosneft. The Upstream segment is involved in the oil and natural gas exploration, and field development and production; midstream transportation, storage, and processing; and marketing and trading of liquefied natural gas (LNG), biogas, power, and natural...
BP has formed 2 cup and handles, a smaller one inside the larger one. Price target remains retracement upward, around 31. following 31 we can see 37 by EOY. On the fundamental side take a look at the 20 year crude futures chart. W We just broke out of immense resistance line at 60 dollars a barrel. Crude can expect to see $75 shortly which only helps oil stocks...
With prices looking to have reaches oversold levels the stock price has created some real value.
NYSE:BP There is an upside potential to test the nearest resistance 25.72, despite the retreat of oil price last week. The hourly chart shows bullish indicators following the golden cross ema. Additionally, 30-minute charts emphasize this short-term bull for the coming week. happy trading and stay safe. Disclaimer: This information is for...