BlackRock (BLK): Be Long Term Greedy!

in money •  5 months ago


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Black Rock (BLK) at first glance could look as if it's in a topping process. However, the chart below contains one set of subwaves and the rest of the chart is not labeled. To toppy feature likely belongs to a subwave and not the overall primary trend which has quite a ways to go up.

In this chart, the whole picture should become more clear. Blue wave 1 has definable subwaves while blue 2 was a triangle pattern. Subwave white 3 of Blue 3 is the current wave which is probably topping and so a minor white wave 4 correction is likely in progress. However, the there is much upside reamaining for the next few years to come. This is when one becomes long term greedy!

Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

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Move on .nice one from you ,you are a grate leader.

Interesante análisis, lo cierto es que al parecer la mayoría coincide en que la tendencia es hacia el alza. muy bueno para todos.

muy interesante post saludos

I've held BlackRock for years.

By far, the firm is best-in-class. Larry Fink will be the most powerful person in finance after Blankfein retires.

a leader you are pretty good. move one but surely

Important information, thanks for sharing, greetings!