BlackRock in bear flag.BLACKROCK - 30d expiry - We look to Sell a break of 618.88 (stop at 645.88)
Intraday signals are bearish.
Price action is forming a bearish flag which has a bias to break to the downside.
620 has been pivotal.
A break of the recent low at 620 should result in a further move lower.
This stock has recently been in the news headlines.
Our profit targets will be 552.31 and 542.31
Resistance: 670 / 700 / 720
Support: 651 / 638 / 620
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