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kennzo
Feb 17, 2021 4:52 AM

BX (Blackstone Group Inc.) - Bullish quarter ahead Long

Blackstone Inc.NYSE

Description

Blackstone Group Inc.

Blackstone is one of the world's leading investment and advisory firms. Their alternative asset management businesses include the management of corporate private equity funds, real estate funds, funds of hedge funds, credit-oriented funds, collateralized loan obligation vehicles (CLOs) and closed-end mutual funds. The Blackstone Group also provides various financial advisory services, including mergers and acquisitions advisory, restructuring and reorganization advisory and fund placement services.

Analysis/Commentary
Strong EPS and Sales Growth Y-on-Y

Based on the study of the previous quarterly earnings reports and subsequent price moves:
- Current quarter has already given good growth from the LOW point
- Would now like to see a small pullback, confirmed on Slo Stochastic before entry
- Expectation for the price to move beyond MID to the HIGH point
- Trailing stop-loss on price above MID point

GOOD LUCK.
DO YOUR OWN RESEARCH!

Comment

TRADE UPDATE: Very successful
The chart speaks for itself!
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