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 short trade the closer it gets that high until then. There are mixed signals on pi RSI with a divergence of RSI/MFI and volume delta is going red even though price action has gone up the past few days. Therefore, I'm posting this as neutral (short speculation in theory without a position yet) until more data prints in the future. Here's BLK levels on its 1-week chart with a dozen historical earnings dates vertical timelines.
Q4 December 2022 Consensus:
EPS = $7.96
Revenue = $4.24 B
SMA100 = $768.40
VWMA 12 TTCATR(beta):
top = $865
R3 = $810
R2 = $755
R1 = $700
pivot = $645
S1 = $591
S2 = $536
S3 = $482
bottom = $427
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
BBMC - bollinger bands
TTC - trend channel
AlertiT - notification
tickerTracker - MFI Oscillator
www.tradingview.com/u/growerik/
Q4 December 2022 Consensus:
EPS = $7.96
Revenue = $4.24 B
SMA100 = $768.40
VWMA 12 TTCATR(beta):
top = $865
R3 = $810
R2 = $755
R1 = $700
pivot = $645
S1 = $591
S2 = $536
S3 = $482
bottom = $427
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
BBMC - bollinger bands
TTC - trend channel
AlertiT - notification
tickerTracker - MFI Oscillator
www.tradingview.com/u/growerik/
Comment:
BLK watch for an ex dividend date bounce to +$700 on Monday 3/6/2023
Comment:
BLK 3/10 expiry $710 call idea
Comment:
Trading indicators:
www.tradingview.com/u/Options360/
www.tradingview.com/u/Options360/
Put Volume Total 144
Call Volume Total 100
Put/Call Volume Ratio 1.44
Put Open Interest Total 21,656
Call Open Interest Total 15,472
Put/Call Open Interest Ratio 1.40