The Long Investor
patreon
$BLK - RC -
🕑 Added 2025-01-21 12:04:02 +0000 UTCVery nice chart here for Blackrock, Wave 3 hit the 1.618 fib at $1061 and could not flip this level to support which is what we expect, so we have a pull back now for Wave 4.
As always the 0.38 Fib is the target for Wave 4 which is at $896 right now and the 50 Day MA is also moving to this level to reinforce this support level.
A hold here and this can move higher to our Wave 5 target at $1348.
I also like how the 0.618 Fib aligns perfectly with the 200 Day MA.
