BP Amoco (BP) – 06-30-2010
June 30, 2010 at 7:52 pm · Filed Under Bullish, Swing Trades
BP has been getting absolutely destroyed in the wake of their gulf coast disaster. I wouldn’t try to buy it now, but thinking ahead, if the market decides $1150 really was support this could be interesting given its strength on a bad day. Most likely the play would be if it gets over $32.50 or something in conjunction with that marketwide bounce.
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