Blackrock10 trillion dollar fund tagged the 200 with volume support, resistance volume above for my dead cat bounce target.
BLK trade ideas
BLK - The most powerful company in the worldToday our lead analyst Benjamin mendenmein will take the opportunity to educate investors both on Elliot wave cycle tops and how they benefit our investment strategy. NYSE:BLK
The Blackrock stock provides a great example of how market cycles lead to massive bull runs and harsh corrections. Every long bull market will eventually lead to a correction, however it's always important to estimate how long such a correction will last.
Unbeknownst to many investors, shares of Blackrock are down more than -31% since the last high at $973.16 in November 2021. The stock value of one of the most powerful companies in the world has declined by more than 40 billion , this is a development which investors should pay attention to.
After years of ultra-loose monetary policy by the Federal Reserve, Chairman Jerome Powell has now announced a change in their policy for the next years. A first big step of this was the interest rate increase from 0.25% to 0.5%, in the course of which the U.S. dollar strengthened immensely and since then many U.S. stocks are taking heavy losses . But that's not all, Jerome Powell has already held out the prospect of another interest rate hike. This change will be groundbreaking for the international markets and will strongly influence the future of the stock markets.
At the moment, it remains difficult to estimate the fluctuations of the coming months. What is certain, however, is that investors should continue to expect higher inflation and further policy changes from the FED. In an interview, Black strategist Tony Despirito said that the coming months and years could easily continue to bring 3%-4% inflation.
All of these factors are putting pressure on Blackrock's business. The current losses on the world's stock markets have not left them unscathed, with almost $9.6 trillion in assets under management , blackrock has been hit hard too by the ongoing uncertainty.
We at Mendenmein-Capital are confident that, despite the Corona crisis, the Ukraine war or other uncertainties, Blackrock will only increase its power in the future. With the world's largest banks and the smartest minds at its side, Blackrock will survive this crisis and emerge from it even stronger. Don't misunderstand our bearish stance on blackrock, we think that blackrock will be one of the best investments as soon as the big correction in wave (II) is over.
For curious investors, our team has analyzed the Blackrock stock and we are happy to share our insights with the public.
Technical explanation of the Elliot Wave structure:
Blackrock stock has prospered amazingly since its IPO in 1999 and has established itself as an extremely valuable company. The price history is characterized by long rallies and short as well as severe crises. The blue cycle waves (I / II / III / IV / V) highlighted in the chart mark the five main directions through which the stock has passed.
Since its IPO, the company was able to grow for almost 10 years until the financial crisis happened in 2008 and caused the share price to plummet by more than -65%. These are waves I and II, according to the Elliot waves, this so-called "wave 1-2 setup" is followed by an impulsive wave III. This wave III exceeded everyone's expectations and in the next 11 years the stock rose more than +560%. In 2018, the bullish momentum was finally exhausted and a wave IV had the stock in its grip for a long time. The Corona crisis caused the share price to crash massively, but it bounced back just as quickly. For the last two years, the stock was again in a massive bull market, ending its nearly 22-year bull market at exactly $973.16.
Since this all-time high, Blackrock is now in a hard correction and we expect the price to continue to fall. In the context of a large ABC correction, the price will very likely be thrown back into the area of $370.
This price target may cause much irritation among investors, but this development is very likely according to the Elliot wave theory. The long-term indicators also support this downward movement. The sell volume of the MACD and the decline of the RSI were marked. For the time being, we assume that this development will continue.
In the future, we will publish further analysis on Blackrock and are curious what the future will bring.
Disclaimer:
According to legal regulations, Mendenmein-Capital is not a certified or legally recognized financial advisor and any transactions based on published content are at your own risk.
Mendenmein-Capital cannot be held liable for any losses whatsoever according to the legal regulations in it's country of residence.
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If you have questions related to a specific stock or the Elliot Wave theory, feel free to contact us.
BlackRock Inc (BLK) on a key support level zone. BlackRock Inc. is the world’s top asset management firm, with around $9.5 trillion in total assets under management. The company is incredibly broad, serving institutional and retail clients and serving as a leading provider of both active and passive investing vehicles. The company reported Q4 2021 results on January 14th, slightly beating expectations for EPS but missing on revenue. This was the 10th consecutive quarter for which BLK exceeded expected EPS. During the Covid-19 crisis, even the Fed trusted BlackRock Inc. to manage its funds. Currently, the shares are trading at 32.3 below the fair value, with forecast to grow 7.82% per year and pay a reliable dividend of 2.78%. The experts' consensus 12-month price forecasts for BlackRock Inc have a median target of 874.00, with a high estimate of 972.00 and a low estimate of 720.00. The median estimate represents a +24.58% increase from the last price of 701.56.
Looking at the technical picture on a weekly chart, the price stop at the key support level of 50% Fibo correction level taken from the lowest price level reached in March 2020 and almost touched the 200-EMA. Looking at our oscillator indicators, we see that the price is in an oversold zone according to RSI and MACD. It is important to notice that if the price closes around that levels this week, it will form convergence.
If the price starts to grow, it is possible for and test to reach 61.8Fibo level around $740.00 per share, and the bulls may decide to take a break after testing that zone, thereby allowing the rate to correct lower. However, if they are willing to recharge, the investors would expect the forthcoming positive wave to overcome the new high at the $973.00 zone.
To start examining the bearish case, the traders would like to see a breakthrough at the key support level around the $663.00.
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BLKInteresting setup. October-November last year looking like it could be a significant double top. Watch out below $669. Chop zone up to $790.
$BLK with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $BLK after a Bullish over reaction following its earnings release placing the stock in drift B with an expected accuracy of 71.43%.
BLK - downtrend underwayDespite the recent strong sucker's rally BLK is still in a downtrend. It is likely to retest a longer term support at 660 soon. However any bounce from here is likely short term at the moment
A near term rebound back to the 50 day moving average around 750 could be an opportunity go short (however, short with caution as strong sucker rallies are frequent).
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Cheers.
$BLK BlackRock Key Levels, Analysis, & Targets$BLK Key Levels, Analysis, & Targets
This one is going to be fun for me… for so many reasons…
Swing setup
1 at 710
1 at 668
2 at 580
4 at 537
8 at 470
(Then multiply by your multiplier (x5, x10, x100, x1000, etc to find your position size)
Looking for 22% if 1,2 and 3 hit. If it gets to 4 - 24%, if it gets to 5 - 28%
Not all targets may hit but these are the ONLY levels I’m looking at…
As each target hits, set your buy order for the next one.
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I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
IF you need anything analyzed Technically just comment with the Ticker and I’ll do it as soon as possible…
Blackrock Short IdeaNYSE:BLK
I'm getting ready to short Blackrock on the next median line touch.
Price looks like it is getting ready to make a (short-term) move up.
I believe the red median line and/or orange baseline of the ichimoku cloud will hold as resistance.
I will open a short position when/if that occurs.
Targeting the 0.618 Fibonacci retracement level of the post covid-crash bull market.
Using pitchforks to get an approximate target of $570 sometime in late Q3 to Q4 2022.
BlackRock losing a few rocks. blKYeah, so we are shorting this bitch.
Goals 706, 681. Invalidation at 1032.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
BLK breaks supports 10 trillion dollar firm, might be heading into price capitulation. As I said when I first posted this, "What would it have to mean for this this to be happening?".
BlackRock Where Is The Rock Bottom?Black Rock The Biggest Financial Service In The World
PE Ratio Is 18
Some Technical Analysis NYSE:BLK
BlackRock: Pennant??Major pattern: Rectangle
Confirmation Signal: Pennant??
Short below 797
False Breakout above 824
stocks: blackrocklooks like stock price is correcting the huge move to the upside. we may get a short term buy to the previous lh before a continuation.
MAJOR BUY A LOW IN PLACE BLACKROCK MOVE to a 75 % net long BLK MARKET We have now dropped in an abc decline and wave a down x 1.618 = wave c low ., and it is a .382 pullback within wave 3
$BLK with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $BLK after a Negative Under reaction following its earnings release placing the stock in drift D.
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
BlackRock coming to Light. BLKWe are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
BLK LONG BLAK M Team:
balckRock, Inc NYSE
Trend Line support range
Support range in oscillator indicators
note: control your risk
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TP1=850-860
TP2=890-900
Long Probably going to bounce at the $820 or $815 which has been a key support since MAY 21. MA Cross - 50MA moved below 200MA. Def. going to take advantage of the discounts on BLK this year. BLK is valued to exceed $1,000 on the high. THOUGHTS ?
770 is big break level for BLKFollowing up on:
What would it have to mean for this 10 trillion passive investing firm to go into capitulation?
Blackrock earnings on Friday 1/14 premarketBlackrock (BLK) Q4 December 2021 earnings are on Friday 1/14 at 6:15am. Blackrock (BLK) reported Q3 September 2021 earnings of $10.95 per share on revenue of $5.1 billion. Revenue grew 15.6% on a year-over-year basis. I'm leaning bullish from the entry setup this morning, but now I'm posting as neutral in case of a pullback from today's run. Looks like it will close at the SMA200 around $885. Here's important levels on the 1 day chart:
Q4 December 2021 Consensus:
EPS = $10.15
Revenue = $5.13B
P/E = 23.224
Div /Yld = 1.892
52 week high = $973.16
52 week low = $670.28
SMA200 = $883.72
SMA150 = $900.66
SMA100 = $909.72
SMA50 = $923.32
breakout = $966.46
R3 = $953.03
R2 = $939.37
R1 = $925.69
pivot = $912.01
S1 = $898.33
S2 = $884.65
S3 = $870.97
breakdown = $857.29
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
www.tradingview.com
Blackrock at key supportAs you can see, the price has respected the 200sma (blue) since the break from Covid lows.
Risk-reward-ratio presented is interesting as you will figure out if you are right or wrong pretty quickly; especially since the Bollinger bands have been contracting as we have consolidated.
Trade setup:
Target around $1000 for profit-exit.
Loss-protection exit 1-2% under the 200sma.
Fundamental Analysis '
- The $TNX (interest rates) has broken out which is positive for financial institutions.
- There is a cyclical tilt to the market as high valuation companies in the technology sector are hit hard.
* Note: Earnings are starting at the end of next week for the financial sector.
BlackRock - Momentum Below Trend - DailyYear-End rebalance has been an arduous process.
Many Funds have been paring back to increase Cash Positions.
The slow bleed has been as Bonds catch the usual closing Bids
on rebalancing.
Diversification matters, given the concentration of 711s - it will
be interesting to see where Cash held at Close ends.
Demand for Corporates is muted, while $95 to $100 Billion
lurches from Equities into the Bond ETF Swamp.
Typically a 1 to 1.5% decline from the Highs can be anticipated
and we have seen this.
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Into yesterday's NYSE Close and Globex relatively small waves of
Selling produced a small move lower into the lower range, making
a lower low for the TF.
The VIX has 20.60 as the Over / Under, well above.
We had an Hourly Trend Change, we will see IF it was another well
arranged trap or there is further Selling on increased Volumes.
10 MA EST has been the Sell for the majority of the Week, with an
8 day run of muted Distribution, Price has ranged for a New ATH for
the ES to the lower Hourly Range Break.
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Should be volatile and interesting.
