RE: Oops - Dropped out of Channel - as suspected.1 Feb 2021 15:26
It's certainly being dragged down and indicators are 'Oversold' across the board. If Retail Investors have got cold feet and sold on then they better hope the results tomorrow aren't positive.
What does positive look like though? They posted £0.01Bn in last Qtr. Brent has been above $40 pb since 30 sep 20 and if $35 pb was break even for BP, then they have been making profit from then until 31 Dec 20.
GLA