Short Blackrock??
Hi everyone, Well I think now is a good time to start taking short potions on BlackRock.
As we some may know the markers have rallied back in the last 3 months. On what some would call
a bear market rally. From what I can see on the charts and my own research. We can see black rock trend down.
Fill one gap ( MIND YOU THERE ARE TWO GAPS THAT NEED TO BE FILLED ) then make a v shape recovery. Creating a nice double top formation. Once I see that patter build. I'm jumping in on long put the first week of September. Should be an easy -5% drop off the back and possible -15% more if it can't recover the fist big drop in sept.
Thank you
As we some may know the markers have rallied back in the last 3 months. On what some would call
a bear market rally. From what I can see on the charts and my own research. We can see black rock trend down.
Fill one gap ( MIND YOU THERE ARE TWO GAPS THAT NEED TO BE FILLED ) then make a v shape recovery. Creating a nice double top formation. Once I see that patter build. I'm jumping in on long put the first week of September. Should be an easy -5% drop off the back and possible -15% more if it can't recover the fist big drop in sept.
Thank you
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.