Like most finance companies 
BLK has enjoyed a good few years (generally). What's interesting is that after last Fridays tariff tantrum we saw BLK print a Bearish Key Reversal on the Weekly Chart. these are rare so should always be respected. Does that mean BLK and all finance companies are going to roll-over and collapse? Unlikely. However we have BLK earning tomorrow before the open - if those numbers are poor then perhaps we see a further move lower? Watch and shoot!
BLK has enjoyed a good few years (generally). What's interesting is that after last Fridays tariff tantrum we saw BLK print a Bearish Key Reversal on the Weekly Chart. these are rare so should always be respected. Does that mean BLK and all finance companies are going to roll-over and collapse? Unlikely. However we have BLK earning tomorrow before the open - if those numbers are poor then perhaps we see a further move lower? Watch and shoot!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.