zAngus

Blackstone back at its 20 Day MA. Bounce O'Clock?

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NYSE:BX   Blackstone Inc.
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 time to look at an entry if it does.

Worth a watch.
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How To: Trailing Stop Loss - A 9% trailing stop loss would have kept you in the trade for most of this period. A 12% trail would have kept you in from the start.

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Had a bit of an initial dip, but moved up 5% so far.

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Still running but hopefully a bit of a value pullback to give it a breather.

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Had a great 16% run, but momentum looking like fading.


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