In a financial feat that has stunned market analysts, BlackRock ( NYSE:BLK ) has shattered records, boasting a staggering $10.5 trillion in assets under management (AUM) in the first quarter. This milestone, coupled with a remarkable 36% surge in profit, underscores BlackRock's dominance in the global investment landscape.
The surge in AUM, propelled by a robust...
If you haven`t bought the dip on BLK:
Then analyzing the options chain and the chart patterns of BLK BlackRock prior to the earnings report this week,
I would consider purchasing the 760usd strike price Puts with
an expiration date of 2024-5-10,
for a premium of approximately $11.50.
If these options prove to be profitable prior to the earnings release, I would...
As of the most recent data, the stock price for BLK is approximately $803.981. Here are some relevant points to consider:
Analyst Consensus Price Target (2024): The average consensus price target for BlackRock is $796.00, with a range from $542.00 (low) to $938.00 (high). This indicates a potential upside of approximately 0.60% from the current...
BLK, well we all know what they do :) having a huge stake in Ukraine, US moving to Caucasus seems like the company will be spending a little bit in the upcoming time, and the market momentum does not look high, so possible downtrend as we could not break the 770ish area, green area is buy zone, i buy long term so happy to buy around these times.
Passing out of levels can be a good opportunity. There is a good breakout of a level by powerful bullish candle that can be a buying signal. The target at 915 will be touched so soon. Do not forget setting a sure SL for your position.
Technicals:
Weekly horizontal support bounce with weekly 5EMAs set-up
Daily bounce off weekly horizontal support with extreme indicator
uHd
shallow crown pattern with little pb
These are the largest financial institutions in the world. BlackRock, BlackStone, State Street Corporation, American Express Company. CME Group, NY Bank of Mellon Corporation, and Vangaurd. This is not a Bank Sector Idea. This is a Financial Conglomerate type of idea rather than individual banks. Because these companies realistically OWN the banks.
BlackRock,...
The Misleading Rising Wedge on Ethereum
Over the past few weeks a prominent trader who I admire has been adamant about Ethereum forming Rising Wedge, which is a bearish reversal pattern. I disagreed with this view but acknowledged the concern raised as any reasonable trader would. However, It caused me a bit discomfort as I have a large position in Ethereum...
Uptrend
It's a breakout of a trend line and also you can consider it as a flag and as you see, it left the rectangle, I bought it today and probably I'll add tomorrow if a good candle seen.
NYSE:BLK
Daily chart:
Last week, it showed weakness - currently hovering around the 785-790 support but below 20ema.
➣ A daily close below 785 ➳ may lead to a retracement towards the next support at 760-762, potentially filling the volume gap.
➣ Solid volume shelf above 790 + RSI bearish divergence.
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Weekly chart:
Last week, it formed a bearish...
This is not a stock I would really be looking to short but there are a series of technical events leading me to set a limit short entry.
This is also in consideration of the gap down in indexes that is the first evidence that a bearish phase may now be underway in stock markets.
Where "SRP" is on the chart looks like a "Right Shoulder" / "Last Point Of Supply"...
BlackRock ( NYSE:BLK ), one of the world's largest asset managers, is eyeing a bold move to follow its successful Bitcoin ETF debut with an Ethereum ETF. However, the journey to market and successfully promote an Ethereum-backed product might not be as straightforward as it seems.
The Bitcoin ETF Success Story:
BlackRock's ( NYSE:BLK ) entry into the...
Booked profits purely due to technical reasons.
Market seems a bit over valued and so there is a possibility for a sell-off in the near future. So decided to take some chips off the table. Hence booked profits since the price is close to inflection points that may trigger a sell-off.
Clearly aware of the fact that there is a possibility for a potential up move...
After breaking through the triangle formation, we can expect declines. It will be safe to assume that the price will reach the S/R level marked on the chart, which gives us a 2:1 profit to risk ratio
