The price of Blackrock is currently experiencing a very stable rise, which is precisely what we expected. A large part of the turquoise wave B should be completed by now. After the high is placed, a descent to the green target zone between $613.07 and $491.98 will follow. However, if the current rally extends too far and breaks above the resistance at $785.65, which we consider 35% likely, our alternative scenario will be activated.
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📊 Free daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
Related publications
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.