BP Stock Eyes Golden Cross: Can Bulls Take Control?
BP plc BP is flashing strong technical signals, with bullish momentum building just as the stock approaches a Golden Cross — a classic indicator of potential upside.The oil giant’s stock, at $33.39, sits above its five-day, 20-day, 50-day and 200-day simple moving averages. Chart created using Benzinga ProBP Stock: Golden Cross In SightA golden cross occurs when the 50-day simple moving average moves above the 200-day simple moving average, often signaling a shift into sustained bullish territory. BP stock' ...