Bp Share Discussion Threads

[invisage] 08/1/2021 08:07

£2.97 BP - I did say £3 by the end of the week.... :-)


On target.........Back to Netflix...

[waldron] 08/1/2021 07:24

European markets set for higher open as recovery hopes boost sentiment

Published Fri, Jan 8 20212:00 AM EST

Elliot Smith
@ElliotSmithCNBC

Key Points

Wall Street surged to new record highs on Thursday as the U.S. Congress confirmed President-elect Joe Biden’s election victory.

A laboratory study has indicated that the Pfizer and BioNTech vaccine is effective against the new, highly-transmissible mutations of the virus found in the U.K. and South Africa.

European markets are set to open higher Friday as global investors anticipate that a Democratic-controlled U.S. government will lead to greater fiscal support.

Britain’s FTSE 100 is seen climbing around 49 points to 6,906, Germany’s DAX is expected to add around 130 points to open at 14,098, and France’s CAC 40

[imastu pidgitaswell] 07/1/2021 21:28

Yes, I put the HTG chart as at 31st December on the thread - a golden cross position, with a gap above. Interesting from a chart perspective, but also fundamentals.

Because of the fundamentals, I don't think 240 (or 250 intraday on a candlestick chart) will be too difficult, frankly, but wtfdik?





(edit - coo, 2 down ticks, notoriety...)

[smurfy2001] 07/1/2021 20:13

Breakout happened with immense volume great stuff.

[creddy] 07/1/2021 18:18

struggling to break £3 resistance . lagging behind shell, ceteris parabis.

[bracke] 07/1/2021 16:55

Good day optomistic

Yesterdays volume was 38% above the daily average. The gap has some of the attributes of both a breakaway and a runaway either will be better than a common.

It has gradually moved up today with volume just above the average so buyers in command. I know that 300 maybe considered as the next resistance but I see it as 312. If there is good buying pressure it is likely to break through at the first attempt, if not it may require a couple of attempts. A retrace is possible but you would not want it to stay under 285 too long.

I know Irish will be eyeing the gap at 272.5. If it fills it will be very disappointing for holders.

[counterpartymw] 07/1/2021 15:57

I would guess there will be a futher big rally to the 3.3x region soon and possibly beyond. Selling now to bag profit, and then hoping it goes back down again so you can do the same most likely won't work. Just as it didn't work for the crowd who sold out after the vaccine pop at 2.3x, with the plan to buy back in again 'sub 200p'... opportunities to buy high yield assets at 20 year lows don't come often. In 12 months sub 300p could also be just a dream for those who sold out now due to 'fear of profit'. Remember to cut your losses quickly, not your winners..

[optomistic] 07/1/2021 15:56

Thank you pastor...another good day tomorrow it could 'confirm' the start of the breakaway gap?

[bracke] 07/1/2021 15:52

o ye of little faith.

Remember my son it is more blessed to give than to receive.

[moresin] 07/1/2021 15:52

How's the short working out for you? Let me know which gap being filled next!!

[optomistic] 07/1/2021 15:51

Skinny £3 no problem...it's £4 we need...it will be soooon ;-)

[imastu pidgitaswell] 07/1/2021 15:48

Yes, it's that date that I'm concerned about...

:-)

[skinny] 07/1/2021 15:48

£3 beckons.

[optomistic] 07/1/2021 15:42

Imastu...have more courage...,and BP results 2nd Feb

[plastow] 07/1/2021 15:37

Yes nearly 10k up.. With BP watching the serpent on I player lol..

[imastu pidgitaswell] 07/1/2021 15:37

Mmm, this baby's strong, with big volume...

Until it isn't. Will be out soon and then look forward to that gap.