BlackRock, Inc.
Long

Update on "Riding $BLK from support to resistance"

77
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 both technical and macroeconomic factors. If plays out, the next support for BLK is 380, and it could easily touch 400. I'm long BLK, with 400 PT.
Tell me what you folks think.

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