Blackstone appears to be finishing a meaningful correction.
What does this mean for the market as a whole?
I'm seeing many stocks that suggest there is room for another wave higher....
As hard as it is to imagine that now....Anything is possible.
The PEAD projected a Bullish outlook for $BX after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 57.14%.
Goals 102, 89. Invalidation at 131.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the...
The PEAD projected a Bullish outlook for $BX after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 64.29%.
Blackstone looks to be coming out of its correction from $101. I will be watching the $149 level- if we can break above that I am looking at 1.38 retracement - $167.79.
BlackStone(BX) not BlackRock(BLK) - Is this a value price for Blackstone - BX ? The chart is showing support. Will price hit the 10% target zone and then pullback or keep going? We will see. Use of pullback alerts is recommended. Edutainment purposes Only!
Uptrend
As you see it is a breakout from a major price level and after a pullback there is a good bullish candle over the support zone .Actually it is the best position in my strategy, so I've entered to it right now.
Special thanks to my friend @YRCapital
The Blackstone Group Inc. is an alternative asset management firm specializing in real estate, private equity, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies.
It has been trending beautifully over the last 12 months and has typically bounced back off its 20 day moving average so might be a good...
Based on historical movement, the trough could occur anywhere in the larger red box. The final targets are in the green boxes. The pending top should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated BUY on August 13, 2021 with a closing price of...
very slow mover here! but potential move down to 110-112 in short term if top trendline keeps acting as resistance! if we can break 113 support the next area of support is 112. after that i cannot see too many support areas. good luck traders :) leave a like and follow for more! <3
Resistance 1 : 113.20
Support 1 : 105.80
Support 2 : 102.40
BX recently already stand above 113.20 which previous new High. BX will continue break new High and test Resistance_1 : 113.20 as Strong Support.
This name isn’t there yet, but if it were to continue extending there may eventually be a setup here. Remember, for these setups I need to see things get extreme. This very well may give a reversal from here back towards the 20d, but there's just no way to put a trade on with the kind of conviction that I could if I saw things get silly extreme. So for now just...
![BX: [stock] Blackstone - BX - Value Price?](https://s3.tradingview.com/t/ttvpOXe8_mid.png "[stock] Blackstone - BX - Value Price?")
