Just interested in any opinions
Will BP close below 50 on friday?
- Thread starter riskaddict
- Start date
It's at the medium-high range of an up channel, pivots at 50.03 but lately it's been surging around .25 past it and coming back down. I think we could hit 50.20 to 50.25 and come back down. But, the market are day to day in direction wise so who knows but thats my guess and I don't trade on guesses.
if market goes up BP will rise
8 cents below my target, if the markets are weak overnight/tomorrow it could start a new trend. 48.05 should be a good support level.