Blackrock Inc. clear longer bias with new weekly demand levels being created. Price has not pulled corrected for months hence no retracement to buy setups at weekly demand imbalances created around 526, 481 and 424 price areas respectively. Long term long bias at weekly and monthly demand zones with new demand imbalances being created and respected.
Price dynamics have changed. Now the price target for bitcoin bubble burst stands @7000 (+/-400). Time target is still the same - 3rd or 4th week of November.
We know pretty well NYSE:BLK Black Rock is one the best companies in the world, but even mesmerizing when you see there's no roof for it. So, few times Buy and Hold is the best strategy for any real investment, not speculative. Tomorrow is an earning reporting day, do not why, but I would be slightly bearish. Have a Good Trading Week.
A normal person never heard of BlackRock, but BlackRock could be more useful then we think. I like the BlackRock Share and here is why, I think it will go long.
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...
BlackRock, along with S&P has just touched it's long time trendline support. Historically played out well, plus fundamentally it is a financial powerhouse with huge upside potential due to growing world economy, raising interest rates and favorable ongoing sector rotation into financials. I see short-term upside of at least 30$, or roughly 8% with limited downside.
Historically, gold and the US dollar move inverse of each other. Time to abandon this preconception? The US dollar is going strong, but is it time to change the preconception that a strong US dollar is automatically bad for gold? Perhaps. The inverse relation has historically occurred, but in times of uncertainty, the inverse breaks and gold typically remains on...
The Blackrock (NYSE:BLK) Daily Diagram Technical Analysis Training shows the following: The BLK share has made a long term consolidations in a symmetrical triangle from Feb 2014 (blue lines). Finally the share breaches the up side of the triangle and moved up. All this have happened above the KUMO, which means that the BLK is bullish in long term. The weekly...