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Barchart

Jim Van Meerten

Chart of the Day: Blackstone (BX) Posts 1-1/4 Year High and Could be Basing for Further Gains

The Barchart Chart of the Day belongs to Blackstone (BX). I found the stock by using Barchart.com to find the "Barchart New Highs" page, and then I clicked on pull-down to select stocks with new 52-week highs. I then viewed the stocks on the list with the FlipCharts feature.

Blackstone on Friday rallied to a new 1-1/4 year high and closed the day sharply higher by +3.00%. Blackstone this week took out the previous 1-1/4 year high posted about a year ago. Blackstone in 2022 fell sharply from a record high, but has been moving progressively higher this year and could be basing for further gains. Barchart's Opinion currently has a 100% Buy on Blackstone.

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