cameronw210

BP- to flop or not to flop

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LSE:BP.   BP ORD USD0.25
A rare non crypto analysis but sometimes its nice for a price not to get heavily affected by a higher up factor i.e altcoins reliance on Bitcoin.

0.786 fib from 2010 high being tested and got rejected first time around. Very positive FA surrounding BP in the last 6 months so it will be interesting to see if faith is brought back to investors.

Entry price for a long term trade would be at about 596 to avoid a double top flop.

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