BP PLC. Technical Analysis: Weekly Chart In the weekly charts, BP PLC. is trading in an up channel. It is trading above all SMA. The immediate support is 360.32 & the resistance level is 399.84. BP PLC. is trading in the up channel until there is a trend reversal....
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Meaning & Implication: Williams %R, also known as the Williams Percent Range, is a type of momentum indicator that moves between and -100 and measures overbought and oversold levels. The Williams %R may be used to find entry and exit points in the market. The indicator is very similar to the Stochastic oscillator and
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