Bp Share Discussion Threads

[jobs2view] 09/12/2020 18:50

Cant see how or why this wont pop back to pre-covid levels by the Summer.

[slinkyj] 09/12/2020 17:52

Still being advised that 330 will come in December. 380 Feb

[jobs2view] 09/12/2020 17:44

Agreed Crazi. Buts its actually held fairly well today especially when Brent was taking a dive...and we broke the 280 barrier (for a few seconds) which I've been waiting on... Seems to be some support now, so I think we're on for a good month! Let's see!

[bracke] 09/12/2020 17:38

Irish

That's what happens when you travel 2nd class. All sorts of 'nasties' in those carriages.

[ohojim] 09/12/2020 17:37

Better to travel than to arrive they say

[irish luck] 09/12/2020 17:32

Jim,

Lol yes I did by the ticket, but got off two stations early, was feeling uneasy.

[ohojim] 09/12/2020 17:19

Happy for your gap. You could have been on that train, if only you'd bought a ticket.

[irish luck] 09/12/2020 16:05

Gap fill at 272.6 done

[crazi] 09/12/2020 13:26

Disappointing pull back from 280 to 273

[irish luck] 09/12/2020 12:28

Jim,
there still there waiting to be filled, no rush.
Playing safe, banked a bit of profit, hard day to call what with Boris in Brussels and two nursing staff reacting to the Pfizer vaccine from yesterday.
If this vaccine starts throwing up problems I'm sure we will see a very low tide.

[ohojim] 09/12/2020 12:11

ohojim>>>>>>>>Filtered cos he just can't help himself.

[ohojim] 09/12/2020 12:02

Ya big softie, heh heh. All those downside gaps! Still, got your bird in your hand I guess.....or should that be your hand in your bird?

[irish luck] 09/12/2020 11:46

ok covered my short for 2.5pts, boris just might pull a white rabbit out of his cap today so playing safe. Wait for another full tide.

[crazi] 09/12/2020 10:53

Bloomberg
@business
·
2m
Polish Deputy PM says Poland and Hungary agreed on a compromise with Germany to unblock the EU’s $2.2 trillion budget and stimulus plan

[florenceorbis] 09/12/2020 10:52

Green transition friction prompts wave of resignations at Shell
Dec. 09, 2020 5:26 AM ETRoyal Dutch Shell plc (RDS.A)By: Yoel Minkoff, SA News Editor1 Comment

Royal Dutch Shell (RDS.A, RDS.B) has been hit by the departure of several clean energy executives amid a split over how aggressively the oil giant should shift towards greener fuels, FT reports.
Those include Marc van Gerven, who headed the solar, storage and onshore wind businesses, Eric Bradley, who worked in Shell's distributed energy division, and Katherine Dixon, a leader in its energy transition strategy team. Other top executives are due to leave the company, though not every move is known to be linked to the pace of change.
The wave of resignations come shortly before Shell is set to announce a strategy update in February, spelling out how it plans to become a net zero emissions business.
In August, rival BP (NYSE:BP) said it would shrink oil and gas output by 40% over the next decade, a move analysts predict will force Shell down a similar path.

[crazi] 09/12/2020 10:20

Iraq bombing of oil wells pushing oil higher...

[belzoni] 09/12/2020 10:15

Agree.While I feel we may get a small rally on a brexit deal, I fear the deal is now mostly priced in - remember, the economy has gone to cr@p and most indices are amazingly higher now than before the virus appeared. It's a big worry. I have reduced my holding considerably as I expect a fair pull back with the wider market very soon and this will affect BP

[irish luck] 09/12/2020 09:50

Dare I mention gaps, probably.
Well we have three below now, yesterdays close 272.60 and the two close together
267.15 and 266.55
Need to wait for the tide to go out.

[plastow] 09/12/2020 09:49

Gap above getting close load up if Brexit is soft the market will fly

[ohojim] 09/12/2020 09:45

3rd time lucky on that 280 resistance. Definitely. Maybe. Hope so.

[imastu pidgitaswell] 09/12/2020 09:42

This is one of those rising wedges(?) innit?

Higher lows, flat high, several times now - so it should push through?

Then I can rid of my last lot at 281 and never darken this thread again...

(until it comes back down again)

:-)

[irish luck] 09/12/2020 09:38

Morning Jim
Just taken 30pts off the ftse, thought bp would drop a few but wrong atm.

[ohojim] 09/12/2020 09:04

Morning Irish. The serial thumbs downer is certainly on the ball this morning. Of course, I would never do that. But irrational exuberance is the name of the game. Long and strong.

[irish luck] 09/12/2020 08:54

Just taken a short at 277.60