Report
Louis-Clément AZAIS d'UHART
EUR 109.44 For Business Accounts Only

Short term view - BP PLC : The bearish gap opened as prices break out of the pattern announces a fall.

The trend is still bearish, the invalidation level is above 475.70 p. The target is at 425.10 p.

Arguments :
- Prices are breaking below the moving average, it is a sign of weakness.
- Prices are within a rectangle, but the trend will eventually resume to the downside.
- The...
Underlying
BP PLC ADS

Provider
Day By Day
Day By Day

​​DayByDay is an independent research company providing global macro and single stock analysis, recommendation and allocation based purely on behavioural finance methods. Those include long term cycle analysis, sentiment analysis, and technical trigger. DayByDay serves all clients in need of practical and precise publications to make effective market decisions, on any time horizon, from a few hours to a few years.

Analysts
Louis-Clément AZAIS d'UHART

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