CFD Trading – Buy Blackrock Inc (BLK.NYS) @$878.00. Stop @ $840.00 and Target @ $922.00.

Blackrock Inc. Stock Code BLK.NYS


Price had a correction which managed to stay above the cloud keeping the uptrend intact. Price also managed to hold above the previous low support inside the cloud. In the previous trading session, there was a bullish Engulfing pattern, hinting of a bullish price trend. Conversion line and Base line are close together but could go either way. Lagging Span is below price of 26 days ago but is above the cloud at the moment. MACD is bullish with both its lines above the zero line. If price is able to move above both Conversion and Base lines, it could be heading towards the previous high at $922.00.


$878.00              Buy

$922.00              Price Target

$840.00              Risk Management Stop

3 weeks              Trade Duration

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