DailyPlay for Wednesday April 22nd, 2015 – The Blackstone Group L.P. (BX)

The DailyPlay we chose for Wednesday April 22nd is The Blackstone Group L.P. (BX). BX is part of the Financial Sector (XLF). Over the past three months, XLF has experienced a 3.59% move higher.

The Blackstone Group’s 1-month and 6-month trend indicators have been in a strong bullish trend since the end of November 2014. After a slight pullback off its 52-week high, BX looks positioned for a nice buying opportunity as it continues to show positive momentum with a technical score of 10 (out of 10).

View this trade idea on $BX