Will BP close below 50 on friday?

Discussion in 'Stocks' started by riskaddict, Dec 17, 2008.

Will BP close below 50 on friday?

Poll closed Dec 19, 2008.
  1. yes

    4 vote(s)
    80.0%
  2. no

    1 vote(s)
    20.0%
  1. Just interested in any opinions
     
  2. 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.
     
  3. if market goes up BP will rise
     
  4. [​IMG]

    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.