Blackstone has now decided to invest in Europe.
The stock is technically above the 50 and 200 period moving averages.
After leveling the trend line, an increase in volume was also observed.
In that case, holding a short-medium term or opening a long position with a reasonable risk/reward ratio in a small position size will not hurt us.
I have kept the stop-loss a little tighter now because even if the stop level comes in a sudden drop, it can be tried again. If that happens, I will share it as a new idea.
The stock is technically above the 50 and 200 period moving averages.
After leveling the trend line, an increase in volume was also observed.
In that case, holding a short-medium term or opening a long position with a reasonable risk/reward ratio in a small position size will not hurt us.
I have kept the stop-loss a little tighter now because even if the stop level comes in a sudden drop, it can be tried again. If that happens, I will share it as a new idea.
- Risk/Reward Ratio : 3.00
- Stop-Loss : 132.53
- Take-Profit : 141.73
Note
Sorry , Take - Profit Level : 168.48
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.