$BP Ready to Breakout of 15 Year Downtrend?If the Energy Sector gets going again you might want to have BP on your watchlist. However, it is encountering some major resistance where it’s at right now. Look at the chart for notations. This is NOT ready to trade yet according to my trading plan but is on my longer term watchlist. Ideas, not investing / trading advice.
I also need to note that there are better looking charts i n this sector such as $XOM and $OXY. This one just caught my eye.