A clean Bullish Flag often precedes a big move. Validate your entry.
Bullish continuation if preceding move was up.
Reversal pattern. Price likely to break downwards.
Traders are watching Blackstone Inc. (BX) as price action tightens. With a last close of $123.79, volatility remains active (-0.98%). Price action has carved out a classic Bullish Flag. This setup is supported by average volume turnover. A potential breakout level is identified at $129.82, targeting $156.12 with support near $116.02 (R:R 1.91).
What is your outlook on BX?