Today’s instrument is BlackRock Inc.‘s stock traded in the NYSE exchange under the ticker BLK.
Looking at BLK‘s chart, we can see its upward movement toward the current price of around $755.
BlackRock is announcing its quarterly earnings today and if the market’s anticipation is positive then we should see it test its resistance level at around $770 with the possibility to break through it toward its next resistance level at around $800.
On the other hand, it could drop toward its support level at around $700.
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