BP PLC Sponsored ADR

May be on its way down

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BP completed a bearish Bat two weeks ago.. This was an Elite Zone setup
The first reaction was a quick hit on our first target level, but than the stock rallied back up and spent almost two weeks jumping around the PRZ.
On Thursday and Friday, we finally got the move I was expecting and it seems like BP may be on its way down to test the 38$ zone... (must pass 40$ on its way down)

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