26 October 2020

Following the recent sales of Morrison (Wm) Supermarkets and International Consolidated Airlines the Trader has given his thoughts on the current open positions below:

BP - 205p

Originally recommended as a trading buy at 217.8p the shares have since plumbed a 25 year low hitting 200p last week.  They have recovered a little since then and we continue to believe that the shares will bounce with the share price target of 260p, which the shares hit at the start of September, our goal.  Third quarter results are due tomorrow 27 October . . .

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