climbing_stars
Short

BLK Monthly

NYSE:BLK   BLACKROCK INC
95 0 0
There are quite a few Bearish Harmonic patterns on BLK's Monthly Chart. The more patterns the better the chance of it working out. I am overall Bullish on financials after the massive declines we saw in 08. BLK             is a different story though. It has not only got back to where it was prior 08, but exceeded it. I firmly believe that as the market ticks higher we will finally see some rotation in stocks . From extreme winners over the past few years to some laggards. We are at the top of the Monthly Bullish Channel . Either we bust through it, or we decline and at least touch the midline of the channel. Happy Trading!
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