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Aug 1, 2018 4:22 AM

Blackstone Group Approaching Support, Potential Bounce! Long

Blackstone Inc.NYSE

Description

BX is approaching its support at 34.61 (100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap support) where it could potentially bounce off from and to its resistance at 36.30 (61.8% Fibonacci extension, horizontal swing high resistance).
Stochastic (89, 5, 3) is approaching its support at 5% where a corresponding bounce could occur.
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