Blackstones stock price (BX) inched up in the intraday levels, after leaning on the support of the 50-day SMA, lending the stock some positive momentum, with positive signals from the RSI after reaching oversold levels compared to the stocks movements, amid the dominance of the main upward trend in the medium term.

Therefore we expect more gains for the stock, targeting the first resistance at $128.00, provided the support of $122.20 holds on.

Trend forecast: Bullish