being that this wedge is supported by indicators, i feel it has a high probability of playing out. there is already news of a housing selloff beginning (as a 22 y.o renting, im pretty happy about that lol,) it is only inevitable blackrock corrects with it.
Blackrock earnings are on Friday 1/13 at 6:15am. Blackrock (BLK) reported Q3 September 2022 earnings of $9.55 per share on revenue of $4.3 billion. Revenue fell 14.6% compared to the same quarter a year ago. On the 1 week chart, it looks like SMA 100 $768, is a major resistance level. So depending upon if BLK can breakout above $768, this would technically be a...
BLK broke a symmetrical triangle that I believe will continue to $675. The trend reversal to bearish was also confirmed by the Donchian trend for the first time since October.
Not financial advice, good luck to all :)
Looking at the BLK BlackRock options chain ahead of earnings, I would buy the $725 strike price Puts with
2023-1-20expiration date for about
$13.90 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
I set this wedge to focus on the general frame of this trade. A pattern is nothing but a Condition and A condition to me is information to find a proper range of time frame. How long does it take to break the flag. It can happen at anytime. but this gives you a goal of how long it has to break this range. You know your tops at a regression so you know where...
A bullish technical trend is applicable.
Stop-loss is set at 688.00
The first resistance is set at 787.00.
The first target is set at 968.00.
A volatility squeeze might occur.
A volatility squeeze occurs when the volatility of a stock falls below its recent levels. A fall in volatility usually means that the stock gearing up for a potential new trend.
The PEAD projected a Bullish outlook for $BLK after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 33.33%.
Observations and a few gaps below with Blackrock, daily chart, going back a few months from the start of 2023. I expect some big gravatations with this stock as usual. It's an interesting item to watch because in the end, they control trillions and the health of their stock is important. If its crashing, the S&P is probably not having a good day. And the same for...
In all charts, the upward trends looks like it is slowing or nearing its end. W pattens looks to be finishing its form indicating a downward trend. Will find out at the end of the week.
BLACKROCK share price will collapse as CITIBANK stock price collapsed during the Global Financial Crisis from its highs. Indeed, BLACKROCK it's a criminal organization involved in mutli-trillion dollar assets fraud including FTX FRAUD SCANDAL, that robbed thousands of people.
BLACKROCK ESG agenda has been a complete scam and a fraud, so winded down.
Funds...
Following up on a previous post
This break in BLK was made and we're now retesting the 161 break. if this 161 is able to hold, it substantially increases the chance of a downtrend from this level. On a timeframe of this scale, we'd call such a downtrend a huge "Crash".
1 ring to rule them all,
If BlackRock plays the markets follow their position adjustments to see where the money flows, a rotation game.
Look First/ Then Leap
I am extremely bearish on Blackrock. I grabbed some puts for that underlying an guess it will retest given levels
first target: $763.01
second target: $700.76
