Bp Share Discussion Threads

[bracke] 22/9/2016 18:08

No it didn't. Maybe try again tomorrow.

[bracke] 22/9/2016 14:09

optomistic

If you look at a live chart you will see that the share price has dropped back to test the green ML, that is par for the course. Will it hold!

[bracke] 22/9/2016 12:47

Good day Penycae

You dissing my forks!!

What does monkey suggest the price action is likely to be?

[penycae] 22/9/2016 12:23

More forks than a chip shop takeaway........

[bracke] 22/9/2016 12:13

If it rises above 440 it would still have the green UP to deal with but if it reaches the green UP it would be churlish not to carry on and test 464.

It will do well if it rises above 440. That zone has given problems in previous years.

[optomistic] 22/9/2016 11:36

Good morning bracke, 440 possible resistance, clear that and it's open territory to the upside right to the '0' fib

[bracke] 22/9/2016 11:24

Good day optomistic


As you can see the fib has been cleared......with a gap, what else!

It has risen above the red UP and is approaching the green ML. If it reaches the green ML it is decision time, to proceed or not, probability is approx 50%.

It is likely that some who read the above paragraph will think it is a load of twaddle, so be it but you should consider the resistance zone marked by the upper magenta line.

BP. DAILY

[optomistic] 22/9/2016 10:33

Bracke...now above the fib...

[penycae] 21/9/2016 15:26

Carry trade looking poorly. Looks like Mr.Market anticipates a hold on rates. Might be a good time to go long on cable.
BP looking good for a few points up, but the trade would have to be a larjwun. Not sure I'd want to take it.

[bracke] 21/9/2016 15:15

It's waiting for Mrs Yellen.

[optomistic] 21/9/2016 14:27

..making its way down to fill that gap?

[bracke] 21/9/2016 11:47

Those holding at 500 may find solace in the proverb 'patience is a virtue' and the divis. Barring a major conflict in a large oil producing country they may have a lengthy wait.

[optomistic] 21/9/2016 11:33

Good morning Bracke...more a combination of various indicators showing a positive trend, early days yet though. Apart from that BP has to rise sometime as there are some posters on here are holding at over 500p and they have to make a gain :-) luckily not me as I have made my way down to 370 ave. but would like to see 500+
and I do like the divis...

[bracke] 21/9/2016 10:44

Good day optomistic

It remains unable to rise above the fib and there is that gap to fill.

I suspect that you are relying on Mrs Yellen to come to your aid.

[optomistic] 21/9/2016 09:09

Now this monkey sat here at the keyboard thinks that BP is going to rise from here...what does yours say Penycae?

[optomistic] 20/9/2016 13:53

...and it all started with Einstein (your special monkey) :-))

[penycae] 20/9/2016 13:47

This thread is on a slippery slope.........

[bracke] 20/9/2016 10:37

A thought. Do bananas affect apes and monkeys in the same manner as humans?

[optomistic] 19/9/2016 18:51

...so one/two bananas a week I should be OK with that :-)

[bracke] 19/9/2016 18:26

Good day optomistic

BP. aka 'Gaps Galore'

At least the latest is an up gap but it is being resisted at the fib.

BP. DAILY

[prambigear] 19/9/2016 17:47

Probably every one of those symptoms except 'sleepiness'!