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30 janv. 2019 08:37

BP Approaching Resistance, Potential Reversal! Short

BP p.l.c.NYSE

Description

BP is approaching its resistance at 41.45 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal pullback resistance) where we expect to see a reversal to its support at 39.14.
Stochastic is approaching resistance where a corresponding reversal could occur.
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