$BLK Beware of Yearly Closure 27.12.2022
$BLK investors might want to pay attention. #Blackrock is on track to close the year with a Bearish Engulfing candle combo, greatly elevating the odds of at least one more year of losses.
The bearish odds could be reduced (not negated) if #BLK makes 4% in the remaining 3 days. For flipping the odds to the bullish side the stock has to rally about 15% before December 30th which is improbable at this point.
The long term perspective remains the same as charted 3 months ago.
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