Blackstone Inc.s stock price (BX) extended its rise in latest intraday trading, amid the dominance of a short-term upward correctional trend and trading alongside a rising trend line, supported by ongoing dynamic strength from trading above the 50-day SMA. With its latest climb, the stock successfully breached the current resistance level of $160.75, reinforcing the scenario of continued bullish momentum.

Therefore we expect the stock to rise in upcoming trading, especially as long as it remains above $160.75, targeting the resistance level of $180.70.

Todays price forecast: Bullish