BP ORD USD0.25
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Bearish divergence at resistance for BP

BP has rallied into resistance at around the 500p level. This is probably a call to take a bit of profit rather than initiate a speculative short. Medium to Long term we are a fan of the oil majors.
BPDivergenceFTSEOilSupport and ResistancetakeprofitFTSE 100 Index

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