Hi everyone, Well I think now is a good time to start taking short potions on BlackRock. As we some may know the markers have rallied back in the last 3 months. On what some would call a bear market rally. From what I can see on the charts and my own research. We can see black rock trend down. Fill one gap ( MIND YOU THERE ARE TWO GAPS THAT NEED TO BE FILLED )...
BLK first gap has been filled. Next one around 710-705. Will be adding accordingly.
Blackrock is rallying madly. Just now on the 200SMA and filling the April 22 gap. I can see a retest around 700-710 where's a gap from early August news about COIN/ Bitcoin and the 10EMA. Chart a bit overextended and volume is slowing down today.
The great bull trap is in motion - probably has some more juice left in it to lure in more bulls - Demise incoming.
look for a retest of the previous gap fill level for entry level bullish position, where I have a 780 price target, after breaking out from this level we could see 950. buyer on the dips
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Even the earnings were below their estimates BlackRock seems to ready for an uptrend. Uptrend @ RSI Strong Support @ 600 USD Trendline Break 38 EMA Crossover High Volume Zone at 580 - 620 USD
The PEAD projected a Bullish outlook for $BLK after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 54.55%.
BLK Q2 June 2022 earnings are this Friday July 15th at 6:15am. Blackrock Beats (BLK) Q1 March 2022 earnings of $9.52 per share on revenue of $4.7 billion. The consensus earnings estimate was $8.92 per share on revenue of $4.9 billion. Revenue grew 6.8% on a year-over-year basis. Here's levels on the 1-day chart: top = 732 R3 = 707 R2 = 681 R1 = 656 pivot = 631 S1...
A price action below 622.00 supports a bearish trend direction. Further bearish trend support below 613.50. Consolidation from 594.00 to 612.50. Crossing below 594.00 might target 575.50. Crossing above 612.50 might be the first sign of pending strength.
10 trillion dollar fund tagged the 200 with volume support, resistance volume above for my dead cat bounce target.
Expecting bounce to $700 from BlackRock the world's largest asset manager
Today our lead analyst Benjamin mendenmein will take the opportunity to educate investors both on Elliot wave cycle tops and how they benefit our investment strategy. NYSE:BLK The Blackrock stock provides a great example of how market cycles lead to massive bull runs and harsh corrections. Every long bull market will eventually lead to a correction, however...
BlackRock Inc. is the world’s top asset management firm, with around $9.5 trillion in total assets under management. The company is incredibly broad, serving institutional and retail clients and serving as a leading provider of both active and passive investing vehicles. The company reported Q4 2021 results on January 14th, slightly beating expectations for EPS...
The PEAD projected a Bullish outlook for $BLK after a Bullish over reaction following its earnings release placing the stock in drift B with an expected accuracy of 71.43%.
Despite the recent strong sucker's rally BLK is still in a downtrend. It is likely to retest a longer term support at 660 soon. However any bounce from here is likely short term at the moment A near term rebound back to the 50 day moving average around 750 could be an opportunity go short (however, short with caution as strong sucker rallies are...