Tuesday, February 21, 2012

A look back on Blackrock BLK

Since July BLK has fallen through support and retested 2010 lows in October 2011.  That would have called for a great buying opportunity because now price has returned back to 2010 highs.  Ive been left holding the bag somewhat on this one due to the wild ride 2011 turned out to be.  The retest of this highs seem strong this rally, we are up almost 2% after hours at $198. Look for a test of the 2010 highs of $215-$230 area.

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