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Lambert: BP breaks resistance looking for a bounce
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Clive Lambert is ending a choppy week in equities with a trade in energy giant BP. Brent Crude broke a down-trend line yesterday and is retracing for now. BP broke some key resistance yesterday.
Clive is aiming to buy BP above GBP 3.66
Stop: GBP 3.60
Targets: GBP 4.00 and GBP 4.10
1-2 week timeframe