Blackrock – Monthly Analysis
BlackRock is up nearly 20% since our major call in June 2025. With that move largely realized, it is time to reassess the latest signals and adjust the roadmap if needed.
In this monthly review, we apply our standard framework—candlesticks, technical analysis, and Elliott Waves—to evaluate where BlackRock currently stands and what may come next.
CANDLES
BlackRock was notably constructive last week. After the early-January pullback, the stock rebounded and recorded several clearly bullish signals. The 10-day frame confirmed a bottom, while the weekly chart printed a significant 8/20 EMA bullish cross. On the daily frame, price remains stretched, but importantly, it prevented the 50- and 200-day moving averages from forming a bearish “death” cross.
If momentum holds into next week and price either stabilizes near current levels or pulls back no more than about 5%, BlackRock is positioned to confirm a bottom on the 15-day frame. Such an outcome would materially increase the odds of a constructive monthly close. Overall, BlackRock remains bullish until proven otherwise.
Classical Pattern – Flag
BlackRock added over 8% after this setup was identified in early December. No changes to the outlook at this stage.
Statistical Call – June 2, 2025
At the beginning of June, I discussed the long-term outlook for BlackRock based on candlestick statistics. At that time, I projected a 40–50% rally with a potential top window between September 2026 and December 2027. As of now, there has been no technical or statistical event that would alter this prospective.
SUMMARY
BlackRock remains firmly constructive. Since the early-December setup, the stock is up more than 8% and nearly 20% from the major June 2025 call, with no technical developments that would alter the broader outlook. Recent price action confirmed a bottom on the 10-day frame, printed a meaningful 8/20 EMA bullish cross on the weekly, and avoided a bearish 50/200-day MA cross on the daily. If price holds near current levels or pulls back no more than about 5%, the 15-day frame is likely to confirm a bottom, improving the odds of a constructive monthly close. The long-term projection for a 40–50% rally into a potential topping window between September 2026 and December 2027 remains intact.
Happy trading!
