BP: on watch for breakoutIf you're bullish oil, watch BP for potential break out. Initial target between 28 and 30, then 34-35 Longby ElpidaldoUpdated 332
BP p.l.c stock analysis - bullish trendSwing-Trade analysis (1d chart) SMMA-Analysis & Support and Resistance: - The 100er SMMA (yellow) seems to be used as a major support line since the middle of August 2021. - Golden Cross (bullish breakout pattern): We can see how the 50 SMMA (white) cut the 200 SMMA (red) in the end of October 2021. If the 100er SMMA cuts the 200er before the 8th of February (Earnings & Revenue Disclosure), we have another strong buy signal. - The green line shows a mid-term resistance at 3,95 USD Chart-Pattern: - We see a bullish channel (thin yellow lines) - if you extend the lines to the left, you can clearly see that the channel started in November 2020. - We also see a symmetrical triangle (thin white lines) which might indicate a bullish continuation if the upper line is going to be cut; or reversal if the lower line is going to be cut. However, it seems that investors are waiting for the 8th of February, because the triangle closes in that area. Momemtum Indicators: RSI: No divergence detected. RSI moves around 50 for a while which means that the stock is neither overbought nor oversold. MACD: The histogram turns to the green zone which indicates the market is increasing in buying momentum. MACD line rises above the signal line, the indicator gives a bullish signal, which suggests that the price of the asset is likely to experience upward momentum. CVO OBV: No divergence detected. However, the histogram is above zero since the beginning of December which confirms an upward momentum. Conclusion: Based on the findings we see an upward continuation. I would place a long position before the earnings report at around 4 USD. Possible Sell-order might be at around 4,3 USD (below the annual high of 2021) or even higher. Stop-loss should be placed on the 100er SMMA. A more conservative stop-loss might be the 0.236er FIB at 3,834 USD. Last but not least, It seems that investors are waiting for February earning results, and for this reason my analysis should be taken with a grain of salt. Longby Cenkson112
Percentage Scale of US Crude Oil against BP PLCPercentage Scale of US Crude Oil against BP PLC. The percentage change in oil price per barrel compared with the percentage change in BP PLC's share priceby consistentTouc790201
Percentage Comparison between BP PLC and Royal Dutch ShellPercentage Comparison between BP PLC and Royal Dutch Shellby consistentTouc790200
BP PLC USA Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series Focus: Worldwide By Sun Storm Investment Research & NexGen Wealth Management Service A Profit & Solutions Strategy & Research Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures | USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision. #debadipb #profitsolutionsby Sunstorminvest0
$BP with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $BP after a Negative Under reaction following its earnings release placing the stock in drift D. 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.Longby EPSMomentum3
Long on PB - Trading is simple but not easy. Trading is simple but not easy. Really anyone can do it. Here are my rules - Use a 3 chart correlation to trade the bigger picture & filter out market fluctuation.This will help to control your emotions & control trigger fingers. - scan the market for low risk (Rs) and high reward (Rw) trades. a ratio of 1 to 3 is minimum. Find places where Support & Resistance are unbalanced. - identify a trend on the long term chart for example monthly (M). and wait for a correction on the middle trade chart (W), this is the principal chart you will be trading. once identifies, you can use a lower trade chart to time your ENT for example Daily (D - Enter (ENT) on low risk window & dont chase it. be willing to let it go - Set your STP & be ready to take the small loss. If the trade is profitable take profit at profit target 1 (PT) & let the rest run. use a trailing STP to let winners run. In this trade. PB is one a newly formed uptrend on the long-term chart (M) the middle trade chart (W) is in a correction. The Rs to Rw ratio is a minimum 1 to 3, I CLS full position at PT1.Longby greatful-me661
BP Idea -- Ride The WaveFueled by a new round of buy backs, lets see if BP can touch its 200 DMA on a weekly timeframe.Longby aaron.pike.91
BP - Just getting goingLooking for 29 area for the gap fill, then hopefully 33 resistance area.Longby simplenothingUpdated 775
BP will outperform SHELL in next two yearsA simple but useful chart for analyzing the opportunity cost DYORLongby utkuR70
Long BP- incredible low 9 PE ratio - they are investing in offshore and onshore wind energy, carbon, hydrogen, and many different types of renewables - a ton of cash on hand - just reported a great quarter What’s not to love? In a world that’s starved for value and energy companies are the most important Longby UnknownUnicorn154759860
$BP with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $BP after a Positive over reaction following its earnings release placing the stock in drift B 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.Longby EPSMomentum1
BP LONG - DCAContinued DCA on BP. If in doubt zoom out. ** NOT TRADING ADVICE **Longby Skook92Updated 1
Will BP be able to regain its former glory or fall is inevitableToday we will look at the chart of the price movement stocks of British Petroleum , BP, British Petroleum Corp. - a corporation that for many years has been among the leaders of the oil and gas, petrochemical and coal industries on all continents. They had an interesting history of BP stock pricing in accordance with the events in the world at that time. Therefore, we will share our observations. 1) When the world was affected by the "First Oil Crisis" in 1973, the share price dropped threefold from $3.50 to $1.13 , where the historical minimum was set. 2) However, already during the "Second Energy Crisis" — the Islamic Revolution in Iran in 1979-1980, the value of BP shares increased threefold from $4 to $12. Then the corporation was actively exploring new deposits on different continents of the world, which allowed it to diversify such risks as the revolution in Iran or the nationalization of their assets in Nigeria in 1979. 3) Although in 2000-2010 the value of British Petroleum shares reached its maximum of $80 , nevertheless, a number of man-made disasters took place in the corporation, the maximum in power among which was the explosion of a tower in the Mexican Gulf in April 2010. Then the value of shares and capitalization collapsed by 56% 4) It would seem that it could not be worse, but 2020 proved that there can be, and a 63% drop in the value of shares of there proof. First, the CoviD crisis (late 2019 — early 2020), then the negative value of WTI oil futures and a general decrease in demand for oil and oil refining materials from cars and aircraft, forced the corporation to fix a loss in 2020 at $5.7 billion , however, they predicted -$4.8 billion British Petroleum's annual reports are considered almost inside information. They predict that by 2050 the demand for "clean" energy from renewable resources will increase from the current 5% to 55-60%. Accordingly, companies that do not have time to implement a high-quality and smooth energy transition from oil, gas and coal to the production of "clean" energy from renewable resources are doomed to fall. Finally, our thoughts on the possible future price of BP's stock. For ourselves, we single out the level of $20, as critical. Fixing the price above this level will suggest that the corporation is making an energy transition according to the schedule, and, accordingly, the price of shares may rise to $36 , to begin with. If the BP stock price starts trading below $20 , it means that something is wrong in the company and soon this news will be available to everyone and in general, and the value of the shares themselves may fall to $10-12by P_S_trade404028
MARKET ALPHA UNUSUAL OPTIONS - BPSymbol: NYSE:BP Indicators Laguerre RSI 2 x Multi-Time Frame EMA Type: Call Strike: $26.50 Comments: A bullish options trade came in for this ticker which was bought for extremely cheap. Looks like someone may be expecting oil to rally higher. Longby jakelikesstocksUpdated 0
BP Price Target $32BP Current Price $27.32 Price Target $32 $27c 10/15 ($189,5% till breakeven) Trading at under 10x PE and at 1.0 P/B(FWD) is very cheap even for the oil and gas sector. With a 4.6% dividend BP is the best value play in the oil sector. Oil prices will continue to rise as we move farther into the summer (driving season). The increases in demand we are seeing are not being matched withLongby Value-Invest0
BP SENTIMENTSGap up and if price breaks out could be looking at a 4% gain in the coming daysLongby smugambike0
$BP Confirming $27 Support LevelBritish Petroleum $BP Current Price $27.38 Price Target $32 $27c 10/15 ( $216, 6% till breakeven) Good stock to own as we continue to see Oil move higher as we go into the summer driving season. If we get $75-$80 a barrel on oil BP’s earnings will benefit greatly.Under 10PE almost 5% dividend makes BP very attractive here. Now that we have confirmed $27 support level we should move up to the top line of resistance in current trading range to about $32.Longby Value-Invest2
Crucial Moment For $BPCurrent Price $26.50 Price Target $32 I Like the oil sector (RDSA,KMI) going into the summer as prices are expected to rise which will have a significant positive impact on earnings for oil & gas companies. BP is trading less than book value (0.97) at only 9 PE (FWD) with a solid 5% dividend. This is a safer hold than most pure play oil & gas companies as BP has made investments into sustainable energy production via its Wind energy projects. They have partnered with Tesla, bp is testing how effectively wind energy can be stored at its Titan 1 wind farm in South Dakota. The high-storage battery technology stores excess energy that can then be used across the site when the wind isn’t blowing. The project will help bp learn more about energy storage applications that could be useful across its entire portfolio.Given the investments into sustainable energy BP shouldn’t be hurt as much as other pure oil and gas plays when we get negative climate headlines (Policy changes, new data). Longby Value-Invest1