BlackRock, Inc.

$BLK prints bearish Key Reversal Candle before earnings

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Like most finance companies BLK has enjoyed a good few years (generally). What's interesting is that after last Fridays tariff tantrum we saw BLK print a Bearish Key Reversal on the Weekly Chart. these are rare so should always be respected. Does that mean BLK and all finance companies are going to roll-over and collapse? Unlikely. However we have BLK earning tomorrow before the open - if those numbers are poor then perhaps we see a further move lower? Watch and shoot!

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