BP Plc (LSE:BP.) Trading around 431 at time of writing.

#Gold #FTSE This is a vanilla article, given we’ve run out of printable BP anecdotes and need go straight to the numbers! As many folk will know, when you’ve worked with a major corporate, you eventually reach a point at which the penny drops, along with the realisation the organisation doesn’t give a sod about you. As a result, it’s easy to become spiteful until there is an enlightened moment, when the discovery you can use the monster to eat itself becomes the easiest way to survive and flourish. There’s a particular story we’d love to tell in detail, how we’d re-route some fuel deliveries once a week, the delivery folk not caring as the bill was paid by the time a tanker left the refinery. Paperwork issues were avoided by the simple expedient of having cheeseburgers & coffee ready for the drivers who loved delivering to the busy petrol station with a perfect drop-off point at 2am. The retail arm never asked how we’d managed to ensure two outlets enjoyed equal sales every month, never once considering their own policy of wanting to close down sites which dropped below a particular threshold. Burgers and bacon rolls easily defeated BP corporate.

Since the start of July, any assumption BP’s share price has been tracking the price of Crude Oil would be quite erroneous. Brent Crude has been dripping downhill, while BP Plc has been slogging uphill, a genuine break for BP share price norms, perhaps even a strong indicator for happier days ahead. From our perspective, things kicked off just before the end of June this year, when their share price managed to close slightly above the level of a previous major trend break circled on the chart below.

We always regard this sort of signal as a pretty big deal, the next major firework being fully ignited when a share price regains this previous trend. This happened at the start of July and now, we’re fairly interested in what’s coming next, especially as BP has also now broken through the immediate Blue downtrend since April of last year…

Currently, above just 437p risks becoming interesting, theoretically triggering gains to an initial 469p with our secondary target, if bettered, at a reasonable looking 541p and almost certain hesitation.

Should things decide to go BP shaped, the price needs dwindle below Blue, presently 419p, to risk triggering reversals down to an initial 365 with our secondary, if broken, at an eventual bottom of a frightening 279p.

 

For now, it appears BP Plc share price intends further gains.

FUTURES


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
11:03:29PM BRENT 6564.4
11:05:25PM GOLD 3985.41 3940 3921 3898 3962 3988 3994 4012 3960
11:08:04PM FTSE 9489.2 9459 9439 9416 9479 9507 9521 9556 9483
11:10:43PM STOX50 5606.9
11:13:19PM GERMANY 24382
11:16:56PM US500 6720.7 Success
11:21:27PM DOW 46626.6
11:36:09PM NASDAQ 24865.6 Shambles
11:41:04PM JAPAN 47911

 

7/10/2025 FTSE Closed at 9483 points. Change of 10436.67%. Total value traded through LSE was: £ 5,016,195,038 a change of -1.86%
6/10/2025 FTSE Closed at 90 points. Change of -99.05%. Total value traded through LSE was: £ 5,111,279,215 a change of -21.54%
3/10/2025 FTSE Closed at 9491 points. Change of 0.68%. Total value traded through LSE was: £ 6,514,116,921 a change of 8.6%
2/10/2025 FTSE Closed at 9427 points. Change of -0.2%. Total value traded through LSE was: £ 5,998,175,981 a change of -12.05%
1/10/2025 FTSE Closed at 9446 points. Change of 1.03%. Total value traded through LSE was: £ 6,819,950,477 a change of -0.05%
30/09/2025 FTSE Closed at 9350 points. Change of 0.55%. Total value traded through LSE was: £ 6,823,355,297 a change of 26.57%
29/09/2025 FTSE Closed at 9299 points. Change of 0.16%. Total value traded through LSE was: £ 5,390,872,598 a change of -5.48%

SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.

Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…


Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

Click Epic to jump to share: LSE:AAL Anglo American** **LSE:BBY BALFOUR BEATTY** **LSE:BME B & M** **LSE:CNA Centrica** **LSE:GLEN Glencore Xstra** **LSE:IQE IQE** **LSE:SAGA SAGA Plc** **LSE:TRN The Trainline** **LSE:ZOO Zoo Digital** **

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Updated charts published on : Anglo American, BALFOUR BEATTY, B & M, Centrica, Glencore Xstra, IQE, SAGA Plc, The Trainline, Zoo Digital,


LSE:AAL Anglo American Close Mid-Price: 2809 Percentage Change: -0.39% Day High: 2843 Day Low: 2791

All Anglo American needs are mid-price trades ABOVE 2843 to improve accel ……..

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View Previous Anglo American & Big Picture ***


LSE:BBY BALFOUR BEATTY. Close Mid-Price: 648.5 Percentage Change: + 0.23% Day High: 654.5 Day Low: 646.5

All BALFOUR BEATTY needs are mid-price trades ABOVE 654.5 to improve acce ……..

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LSE:BME B & M Close Mid-Price: 236.2 Percentage Change: -7.81% Day High: 245.2 Day Low: 200.2

Target met. Continued weakness against BME taking the price below 200.2 c ……..

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View Previous B & M & Big Picture ***


LSE:CNA Centrica Close Mid-Price: 170.05 Percentage Change: -0.29% Day High: 173.3 Day Low: 170.3

Target met. All Centrica needs are mid-price trades ABOVE 173.3 to improv ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 356.6 Percentage Change: + 0.82% Day High: 358.7 Day Low: 351.85

Continued trades against GLEN with a mid-price ABOVE 358.7 should improve ……..

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View Previous Glencore Xstra & Big Picture ***


LSE:IQE IQE Close Mid-Price: 6.86 Percentage Change: -4.32% Day High: 7.17 Day Low: 6.8

In the event IQE experiences weakness below 6.8 it calculates with a drop ……..

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LSE:SAGA SAGA Plc. Close Mid-Price: 280 Percentage Change: + 2.75% Day High: 284 Day Low: 268

It is still the case where above 299 should bring a visit to an initial 31 ……..

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LSE:TRN The Trainline Close Mid-Price: 275.2 Percentage Change: -0.43% Day High: 279.8 Day Low: 275.6

This needs below 262 to promote reversal to an initial 219 with our second ……..

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LSE:ZOO Zoo Digital Close Mid-Price: 11.5 Percentage Change: -6.12% Day High: 12.25 Day Low: 11.5

If Zoo Digital experiences continued weakness below 11.5p, it will invari ……..

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View Previous Zoo Digital & Big Picture ***


*** End of “Updated Today” comments on shares

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