Cousin_Fat_Fat

Blackrock Short Idea

Short
NYSE:BLK   BlackRock, Inc.
BLK

I'm getting ready to short Blackrock on the next median line touch.

Price looks like it is getting ready to make a (short-term) move up.

I believe the red median line and/or orange baseline of the ichimoku cloud will hold as resistance.

I will open a short position when/if that occurs.

Targeting the 0.618 Fibonacci retracement level of the post covid-crash bull market.

Using pitchforks to get an approximate target of $570 sometime in late Q3 to Q4 2022.

Comment:
Waiting on tomorrows price action to see if the median and/or base line holds as resistance.
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