AvaLoN
Long

Update on "Riding $BLK from support to resistance"

NYSE:BLK   BLACKROCK INC
Have added support floors and resistance ceilings. Noteworthy, BlackRock             has clear historical resistances that all consecutively became supports after breaking through. For your review: 285, 322, 337.5, as well as current support of 361.5 and resistance of 380. BlackRock             has already outperformed all Too Big To Fails YTD, and I believe the trend to continue due to both technical and macroeconomic factors. If plays out, the next support for $BLK is 380, and it could easily touch 400. I'm long $BLK, with 400 PT.
Tell me what you folks think.
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