Blackstone Inc. (BX) stock declined in its latest intraday trading, reaching support at its previous 50-day SMA, which provided positive momentum that helped it rebound and trim much of its early losses. The short-term minor bullish wave remains in control, with trading moving along an upward slope line that supports this path.

Therefore, we expect the stock to rise in its upcoming trading, as long as the support level of 162.70 holds, to then target the resistance level of 181.15.

Todays price forecast: Bullish.