BX trade ideas
More good times ahead for Blackstone?Historically when the stock crosses above this RSI level it moves at least 1% over the next few weeks. The average move is 11.32%. A move of that magnitude is possible to a common resistance level around 34.85.
My conservative move would be to the 31.00 milestone so long as it breaks above its resistance level for this calendar year which is where it currently sits.
The best case scenario is to wait one more day to see if it breaks the 2016 resistance, especially on volume. If this occurs, my conservative goal is certainly in play but the next viable ceiling could be around 34.85. This stock has just received multiple STRONG BUY recommendations which could easily propel it.
BX - Great way to Own Apartments, Hotels and Office SpaceBX Bottoming Process + High Vol Support + IPOs to Resume + Private-Equity / Venture-Capital to SUCCEED. Great Dividends. Put Sell and Call Sell while making money on Dividends. ALL of this without owning any apartments or hotels or office space. I am long the stock right now, but getting ready to do a Call sell on it since up move seems to have ended as of 11/30/2016. As it starts to move down, and the stock bottoms, it is time to do an aggressive Put Sell and get your stock back if you lost it. Remember, you might have double ownership of the stock, so do NOT go in with a full position. Start with 1/3rd position.
Investment Managers Should Catch Up.Blackstone Group is back towards the bottom of the gentle up-channel started in 2009 (see weekly chart below).
Rebounded off a double-bottom on the daily chart in good volume, but not as much as the rest of the financials.
Similar story to another, smaller asset manager highlighted recently (please check LM idea).
1. Buy here with target 28.50 and stop 23.50 for a RR of 1.83x
2. Buy here with target 32.00 and stop 22.30 for a RR of 2.28x
3. Buy Jan 16'17 28.00 call at 0.32 and sell same maturity 23.00 put at 0.45
Short Blackstone (BX)Has alread bounced on supper multiple times
Appears read to bereak H&S pattern
MACD trending negative
Coppock Curve trending negative
RSI trending negative
BX good R/R in my view.Technically Speaking
Demand seems to be strong around the $22 level. Good supply comes in at $30
What to do?
The R/R favors long a position, in my view, stopping out below $20. I would look to hold for a break-up through $30.
Potential upside to be seenWe are discussing a potential for some quick upside in the "Key Hidden Levels" chatroom on $BX.
RgMov turning up
CCI Sustaining higher levels
It is good to long at market with a stop below yesterday's low, targeting last high/ upper KEL.
stranggle compra call sep16 24 por 1,08
compra put sep16 23 por 1,08
baja volatilidad iv percentile 27%
maximo riesgo 2,016 un 8% aprox.
Support Area $37.85 bxBX held support 3x in 2014. Also appears to be forming nice cup & handle. They sold shares in La Quinta Holdings, and reduced their position by a third. Rental rates in the U.S. Continue to rise for commercial leases esp. in NY. I like the fact they are switching away from investing in Distress properties, and investing in more upscale but less vacant real estate such as their recent London Purchase
$BX $BX
The Blackstone Group
Now in good area to Buy 2nd part Long Call Option
$BX
Expiration Jan 2015
Strike 30
Price 1.40 $
Sultan Bin Abdullah
@Bnook11
The company is 5 stars as financial analysis The Blackstone Group
Now in good area to Buy 1st part Long Call Option
$BX
Expiration Jan 2015
Strike 30
Price 2.33$
Sultan Bin Abdullah
@Bnook11
BXI don't care to re-do this entire chart, thank you very much. TradingView has
changed their programming so that previously published charts can no longer be updated.
This was my de-facto way to save charts, rather than keeping every chart in my personal files.
So simply look at my screenshot of the old chart - and then add this element
shown here. Yeah, that kinda sucks, doesn't it?
