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The Blackstone Group L.P. Message Board

  • carolyn_novice carolyn_novice Aug 13, 2013 11:22 AM Flag

    Consolidation and filling GAP BX @ 22.92

    After closing down for three weeks, gap opening today gives first clue the consolidation and accumulation at lower level, after making new high is nearly over.

    There is a good block activity today

    We need more than 20% more than average daily volume 5,134,730 or nearly 6.2 million shares trades before we can conclude stock will make an attempt to a new high.

    Stock moving up on a down day, when others are reluctant to step is considered a good sign. Day traders are always there and we will not know until the closing price and volume,

    At 11:15am the volume 3.3 million. So there is some interest by big investors.

    Good Luck!

    Sincerely,

    Carolyn Novice

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BX
43.3901-0.1099(-0.25%)1:03 PMEDT