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The Blackstone Group L.P. Message Board

  • siraluce siraluce Dec 5, 2013 3:31 PM Flag

    Support at 50-Day MA and Shares under Accumulation

    This stock barely touched the 50-day Nov 12 and Nov 20 and straddled the 50-day back in last half of August. Since early September the stock has been above the 50-day except for touching it twice in November as just mentioned. Accumulation rating in IBD is B-, representing an improvement versus previous weeks. Volume has been below average since the peak 4 days ago, except near or slightly above average yesterday. The stock is still almost a full point above the 50 day moving average which is still in an upward trend and nearing the 27 mark. If recent history is a clue, stock will bounce near or slightly above 27.

    Carolyn Nonsense now on ignore.

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33.17+0.02(+0.06%)Sep 19 4:04 PMEDT

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