Blackrock – Next Target

CANDLES

In the monthly update, we discussed BlackRock’s early-September softness. The giant, unconvincing for the first two weeks, tested investors’ nerves; but with Friday’s close—a strong Bullish Engulfing on the weekly frame—the pullback is likely over, and next week has a solid chance of being bullish.

As a reminder, the long-term odds remain under the spell of July’s Three White Soldiers, and the quarterly is on track for a bullish September print.

Classical Pattern – Flag

The early-September pullback traced an almost textbook geometric pattern. A bullish flag appears complete, backtested from above. BlackRock has a fair chance to add 5–7% over the next 1–2 months.

Statistics
(no change, a refreshed chart)

At the beginning of June, I discussed BlackRock’s long-term outlook based on candle statistics. I projected a 40–50% rally with an approximate top between September 2026 and December 2027. Since that call, the stock has added about 15%, and I have nothing to adjust at this time.

Happy trading!