BX trade ideas
Macro in the Middle BX Smartest Guys In the room. Although they Risk Great Exposure Feel This is Where they're Fortunes are made. Plenty of Dry Powder. Sitting in the center not oversold or overbought Thought?
BX LongIn uptrend,
Channel Breakout + revisit Trendline
Entry 55
Stop 53
Target1 64; RRR 4:1
I am not a PRO trader. I need few months to practice trading strategies.
If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.
BX_Fin_rotationBX could be a moving up after COVID was lackluster with Financials...SPX to DOW rotation maybe a momentum play when the tech rotation earlier in Jun with the SPX hitting record highs
Possilbe bullish mcad set up.on BX. Target: 60 SL 54.10I usually like seeing the a trend line break out. In this case it hasn't broken the trend line yet. The 36 days expected move is $5.76. The stock has earning on July 23,2020.
PAY for BLACKSTONEHey traders, **DISCLAIMER** content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. BLACKSTONE is in an interesting moment aborted pull back attempt, buyers can try to take over the market.
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BX support raises to form ascending triangle. Expecting gainsThe lower support is forming an ascending triangle, indicating that BX will break past resistance and rebound from the COVID shock.
Earnings call expected soon with a period ending March 2020. Notably, this period is mostly before covid, so earnings should still fair well and lead to positive opinion of the stock.
Real estate stocks are expected to take a hit soon, so invest now, sell soon, and cut profit at a safe time before the market corrects lower.
BlackStone Price Drop, Levels to WatchI can see Blackstone making a bit of drop here soon, and some key price levels based on Fibonacci are the following $32.60, 27.42, 21.76, 17.05, and $13.75.
Yes, I think it is possible that we hit all these targets with the world going into recession.
This is not trading advice.
BlackStone Inc. Not Immune to global events, recession, etc. In my opinion, BX or BlackStone Group Inc will not be an exception to the latest global calamity regarding the coronavirus and global recession.
Levels to watch for in regards to pauses and bounces would be $49, $42, $35, and $30.
Good luck trading and remember this is not financial advice.
BX approaching breakout spotI like this above 55.17, looking for a breakout with some volume. I'd look at 1-2 month call verticals
BX Blackstone Upgrade - Entering LongBlackstone was upgraded this morning by WellsFargo to $60 price target with Outperform rating. This will probably get a nice bid today but I'd be cautious holding past this week IMO.
Goodluck
BX
Looking For Short Entry in $BX Blackstone GroupBlackstone had huge insider selling on the 25th and is in a newly defined downtrend, plus it is overvalued.
Insider Selling:
Blackstone Holdings III L.P. 10% Owner Sep 20 Sale 32.75 $9,129,966 299,006,387 0 Sep 23 06:34 PM
Solotar Joan SMD, Head of Global PWS Sep 13 Sale 53.83 25,000 $1,345,750 235,803 Sep 13 06:57 PM NYSE:BX
Finley John G Chief Legal Officer Sep 12 Sale 52.31 20,000 $1,046,200 119,529 Sep 13 06:55 PM
BX Bearish look at same height as previous HighSince the previous high was about this point too, I'm convinced that with this bearish pattern at the same height we're about to drop.
My order is placed a little higher because I think we can get in with a better entry, the resistance on the left chart held on great and meets the resistance of the previous high.
Note that the horizontal lines are for my alarms, sorry if this is messy for you.
Important to keep the charts clean.
Thanks for reading,
Wesley
BX, Long 13% ProfitWe have an ascending (double) channel on BX and may touche the dip soon on the 37$ support. At the same time we could see RSI bounce on the 30 support. Also after a small pullback MACD stays bullish over 0.
We have over 3.7 Risk/Reward. Also a partial take profit could be done on 38.6$ resistance.
Buy-in : 37$
SL : 35.7$
TP : 41.7$
Future buy on BXPrice has left support at $34-ish and heading for resistance at $37 so I’ll be watching for a possible retest of $34 support before breaking thru $37 resistance and continuing up.
BX to Acquire Controlling Interest in Tallgrass EnergyTGE,BX: Blackstone
2019-01-31 06:45:00
Blackstone Infrastructure Partners Enters into Definitive Agreement to Acquire Controlling Interest in Tallgrass Energy
Blackstone
- Fee-related-Earnings to grow into 2020 (50%)
- Solid raising pipeline
-50B AuM in Insurance (0.2% market share). Although APO does have a largely insurance based portfolio, this is mostly captive, whereas BX may have more success by growing third party assets under management.
- Lift in KKR's valuation after going C-corp may lead to BX going C-corp in early 2019 (Suisse)
-BREP IX - www.perenews.com
Pending Blackstone's own assessment of market conditions, portfolio divestment is the largest risk for BX.
