BX BounceLooks like BX just found support 158. There's an upper trend line that seems to be drawing price back up to. 180 price target looks reasonable to reach. GL!
0HO8 trade ideas
Speculative Madness: The Market’s Bubble Stocks Some stocks areSpeculative Madness: The Market’s Bubble Stocks
Some stocks aren't just overvalued—they're in full speculative bubble mode. Fundamentals? Irrelevant. When euphoria takes over, rationality disappears.
Here’s my list of bubble stocks that scream unsustainable pricing:
SBUX, T, PLTR, BMY, PYPL, NFLX, GS, ISRG, ARM, C, SHOP, BSX, SPOT, UBS, IBKR, RELX, CEG, CRWD, MSTR, MMM, DASH, COF...
And let’s not forget the obvious: TSLA, META, AMZN, AVGO, GOOGL, JPM, MA, V, WMT.
Honestly, the entire banking sector, brokers, and tech are in bubble territory.
What the hell is going on with this market? Why are algos just buying, buying, buying, squeezing all the shorts?! Unbelievable.
The dump will be insannnnnnnne!!! 🚨
$BX LONGThis is a weekly for BX. In the Fibonacci framework I use to determine discount vs premium, it just hit the 71% retracement level indicating a good discount in the uptrend. Also of note is the 2 bar bullish engulfing reversal formation, indicated by the green oval. I hold this as a long-term investment in my IRA and would add now based on this price action.
Blackstone Inc. Targets $256: Strong Momentum Backed by Volume Blackstone Inc. (BX) highlights a strong bullish structure, with the price targeting the key resistance zone at $256.10, as indicated by the arrow projection. The significant volume accumulation in the range of $90-$150, shown in the volume profile on the right, suggests robust buying interest and a strong foundation for the upward trend. The price is maintaining its trajectory well above the previous consolidation zones, reflecting buyer strength and momentum. Additionally, the lower momentum oscillator shows a positive divergence, reinforcing the possibility of continued price appreciation. With the trend supported by historical levels and strong volume, the stock appears well-positioned to test and potentially break through the $256 resistance.
How I look for entryKeep in mind that all of what you see is not what I draw up when looking for an entry. With a little practice you can just see the lines without the drawings. All text, colors, drawings are to explain what I see.
Keep your charts clean. Blk & Wht, using as little as possible to see the chart clearly.
Using BX, 15m, today as an example. Once you see it in the algo it can not be unseen. Support and resistance is the same on any timeline on any chart.
Long entry $BXFriday on the rebound I got an alert that NYSE:BX had reached a discount level, based on my Fibonacci Retracement methodology. I waited until later in the session when it became likely that it would have a strong close/candle and entered, adding to my holdings in my IRA. This is a long term investment and I considered it a great place to add the premier alternative asset manager at a great price. If you like these ideas look for me on MrJosephTrades on X (formerly Twitter). Great trading, everyone...
BX Blackstone Options Ahead of EarningsIf you haven`t bought BX before the previous earnings:
Now analyzing the options chain and the chart patterns of BX Blackstone prior to the earnings report this week,
I would consider purchasing the 160usd strike price Calls with
an expiration date of 2025-6-20,
for a premium of approximately $13.90.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Lower OpeningWithin an short term overbought market it becomes clearer that there will be a downward correction. The short candle body of the past 4 hours could not stop the dwindling corrective bias. The new 4h-periode has opened lower.
$BX Breaking out BX looks to be breaking out from a trendline.
RSI breaking over 60, rising 55D SMA.
Stop Loss: 131.82
Target: 160.91
Note: This analysis is strictly for educational purposes only and is not a buy/sell recommendation.
BX Blackstone Options Ahead of EarningsAnalyzing the options chain and the chart patterns of BX Blackstone prior to the earnings report this week,
I would consider purchasing the 140usd strike price Calls with
an expiration date of 2024-10-18,
for a premium of approximately $6.70.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Median Lines and Finding the Right Path When it comes to learning about markets and trading, finding the right path and committing to it is the hardest part. The right path has little to do with any technical analysis method. It has to do with structuring our mental framework so that we fundamentally change how we experience markets, trading, and loss.
In the video, I show some Median Line and Action/Reaction work but this work is useless by itself. No tool is good or bad, they are just tools we use to comprehend markets. The problem arises when the tools start using us and we think there is some kind of magic to them.
The essence of our strategy should be to structure our methods and mindset towards functionality. The journey we should commit to is one marked by fostering accountability and responsibility in all our actions. The swing trade Idea I show, takes method and structures it into function.
Shane
Time to comeback on BlackstoneCrossing up several moving averages, RSI moving up, Relative Volume up, all after a double bottom. Looking good.
Blackstone CALLThe price settled on the demand zone appears to confirm the trend reversal with current jump in price. Expecting the price to test $125, and if successful, to test $131
Blackstone BX 3d Chart, Q1 2024Looking at Blackstone - recovered from it's drop in 2023 and showing strength going into the 3d pivot.
This reminds me of the SPX chart before it ran to ath. With earnings behind it, if can go through 132-135 range and hold it, that it goes to ath. Otherwise, look for the 118-120 range for some consolidation.
Blackstone Could Be BouncingPrivate-equity firm Blackstone pulled back in early 2024 after rallying in November and December. Now it could be bouncing.
The first pattern on today’s chart is the price zone around $116 where BX peaked in mid-September and early December. It marked the approximate low last week. Has old resistance has become new support?
The 50-day simple moving average (SMA) is in the same area. That represents potential confluence and confirmation of a bullish intermediate-term trend.
Next, you have the weekly close of $119.34 on January 12. The stock reclaimed that level on Monday and has remained there since.
Stochastics are rebounding from an oversold level, as well.
Additionally, BX’s fundamentals may interest traders after earnings beat estimates and inflows increased.
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BX: Potential Sell AreasI don't like the company. Align the market for better results and do your own DD.
Black stone (BX)Weekly ended with gravestone doji at trendline resistance
Macd, CCI and RSI all losing momentum and rolling over
Looking for a reversal here back to 95$
1st tgt 107 gap close
Blackstone Inc is forming a Symmetrical Triangle PatternBX is forming a Symmetrical Triangle Pattern from a previous downtrend. Expect the consolidation start to break down between now and by June 16th, 2023.
"Blackstone Under Pressure: Head and Shoulders Pattern Indicate Key Support: Between $102.59 and $104.12, Resistance at $109"
In a detailed technical analysis of Blackstone Group's stock, a bearish trend has been identified, marked by a classic 'Head and Shoulders' pattern. This pattern, which has formed over a span of 139 days, suggests a potential reversal in Blackstone's stock trajectory after a period of bullish growth.
Key to this analysis is the identification of crucial support and resistance levels. The support level for Blackstone's stock is projected to be between $102.59 and $104.12. This range is critical as it represents a threshold below which the stock might experience further decline, intensifying the bearish outlook.
Equally significant is the resistance level, now identified at $109. This level is where the stock price might face significant selling pressure, potentially preventing further upward movement. If Blackstone's stock fails to break through this resistance, it could reaffirm the bearish sentiment and lead to a further decline in its price.
The 'Head and Shoulders' pattern, often considered a reliable indicator of market reversals, has put investors on alert. This pattern is characterized by a peak (the first shoulder), followed by a higher peak (the head), and then another lower peak (the second shoulder). This formation is completed and confirmed when the stock price breaks below the neckline, which, in Blackstone's case, is aligned with the identified support levels.
The current market scenario for Blackstone appears to be a classic case of investors' sentiment turning cautious after a period of growth. The technical indicators, especially the formation of the 'Head and Shoulders' pattern, coupled with the defined support and resistance levels, provide a roadmap for investors to navigate potential future movements in Blackstone's stock.
As with all technical analyses, while these patterns and levels provide insights, they are not foolproof predictions of future stock movements. Market conditions, company performance, and broader economic factors can all influence the actual trajectory of the stock. Investors are advised to consider these technical indicators as part of a broader, diversified investment strategy.
BX: Evening Star Doji into Bearish BAMM Visible On the MonthlyBlackstone is about to confirm a Bearish Evening Star Doji on the Monthly Timeframe today and is about to break down from its RSI Channel. This could then escalate into a Bearish BAMM on the Macro that would take it all the way down to the 0.886 Retrace around $30.00
BX SELL +++BX stock is weak and into cloud, we have strong support just under $96 should be our first target then reassess
LongTerm View - Blackstone Inc.Hi, This is my long term view of Blackstone.Inc stock, I expect bullish movement by mid 2024
