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BlackRock Is About to Explode – Here’s Why I’m Going Long!📊 BlackRock (BLK) – Bullish Setup Ahead of Earnings! 📊 BlackRock ( NYSE: BLK) is setting up for a potential bullish move as it approaches tomorrow's earnings report (before market open). After a healthy pullback, the stock has bounced off a long-term trendline, showing technical signs of a reversal. Here's why I'm taking this trade and what I'm watching going forward: 💼 Trade Setup: 🔹 Entry Price: $964 (current price) 🎯 Take Profit 1: $1,000 🎯 Take Profit 2: $1,050 🎯 Take Profit 3: $1,100 🛡️ Stop Loss: $915 (just below trendline support) This setup offers a solid risk/reward ratio, with potential upside of up to 14% while keeping the downside risk limited to 5%. The levels are based on both technical resistance zones and previous highs that could act as targets. 📈 Why Am I Bullish on BlackRock? 1️⃣ Technical Reversal BlackRock has bounced off its long-term trendline, which has been acting as support since mid-2023. The stock is now trading near daily RSI oversold levels, with the Stochastic oscillator crossing upward, both of which point to bullish momentum. The price action suggests buyers are stepping in, especially ahead of the earnings report. A move above $970-$975 could confirm the reversal and push the price toward my first target of $1,000. 2️⃣ Earnings Catalyst BlackRock is due to release its Q4 2024 earnings tomorrow before the market opens. Historically, the company has a strong track record of beating estimates. Positive surprises tend to trigger sharp price moves, as asset managers like BlackRock benefit from market recovery and ETF inflows. Given the recent rally in global markets, there's a good chance BlackRock could report higher-than-expected fee income from its $9.4 trillion in assets under management (AUM). 3️⃣ ETF & Passive Investing Growth BlackRock’s iShares brand dominates the ETF market, capturing billions in inflows every month. ETFs have been gaining popularity globally, and BlackRock is perfectly positioned to benefit from this trend. With markets stabilizing and investors returning to risk assets, ETF providers like BlackRock are first in line to benefit. 4️⃣ Fundamentally Strong Company BlackRock is not just about ETFs. It also generates recurring revenue from its Aladdin platform, a risk management system used by many of the world’s largest institutions. This tech-driven revenue diversifies BlackRock’s business model and makes it more resilient to market downturns. The company is also shareholder-friendly, with a strong dividend track record and consistent buybacks that reduce the float and boost EPS. 💬 Are you trading BlackRock ahead of earnings? Share your thoughts below! 👇
NYSE:BLKLong
by ValchevFinance
Building Long Position in UPROBased on my technicals, UPRO begun trading at a discount level after last Friday's close (weekly candle). I look at price in a specific format using the RSI indicator. Price trading below 50 level = discount , price about 50 = premium. So currently UPRO is at a discount for my liking and I've begun investing some capital here. Current upside to previous highs is about 20% ROI, so if price continues to head bearish I will continue to DCA (dollar-cost average) down and lower my cost-basis.
AMEX:UPROLong
by primetimesosa
GBPCAD Continuation SellOn the monthly, price has yet to reach the D extension. We had a shallow retracement on the monthly fib with a stall out at the 1.18 1.27 extension. We had weekly and daily rejection at 1.82XXX. Long term picture, I see the potential for a sell down to 1.580XX. Shorter term (4HR), I see two possibilities, price could begin to retrace from current 4HR level 1.759XX or push down to the second Weekly level at 1.749XX and retrace back up to the 38.2 1.776X where we have 4HR resistance. The retracement up could be tradeable. For this leg of price, I see the potential for a sell to 1.739X with further downside potential to 1.716XX. At 1.7166X I think it will be time to re-evaluate once we see how price reacts at this level.
Short
by kacijackson
1
XRP long swing trade opportunity emergingBYBIT:XRPUSDT is in a flag pattern, bullish from the previous move. Technical analysis theory says that statistically, this chart pattern provides a higher probability of a future bullish price move than a bearish one. Given the previous large gyrations of the price while within the flag, and that the specific time of the expected bullish move is unknown, the trading opportunity is better suited to a swing trade than a margin one (as most margin trades have a tighter SL than a swing trade and a long flag might trigger the SL of a margin trade just because of the nature of the chart pattern) The trading approach would be to await a move back to the bottom of the flag for entry, which will also be a level where the 50 DMA also provides some level of support, utilise a 2 day filter to ensure that the price move to the bottom does not precede the price falling out of the flag / pattern failure (as previous moved have tended to go below the flag bottom on the 1 day chart), and then enter. The TP would be the size of flagpole (approx. 1.35 USDT). The SL would be when the price has closed below the 50 DMA or flag bottom (depending on risk appetite) with a 3 day filter. Risks to this trade: The current price rise (bull run) of most stocks and crypto currently can be traced back to the election victory of Trump and the expectation that his policies will be favourable to crypto and US businesses. These policies have yet to be defined and it is unknown if they will actually become policies. Therefore, it is probable that any setback to Trump's attempt to either formulate/implement these policies, or perception of not intending to actually even have them will be seen by the market as extremely negative and will likely cause the prices to fall as dramatically as they have risen. Note: The entry point for this trade can also be taken as an entry point for a next leg of a DCA purchase or a general buy and hold.
Long
by slip_stream
GOLD WANNA FALLING ONCE AGAINAs i published an idea that gold will fall, and gold fall my entry was at 2637, stop loss was 2651 and target was 2585, but that setup gave us 450 pips. Now I'm back with another idea, my idea is gold will fall when it touches the price 2632.80 Lets see what will happen. Gold moving crazy since last week its moving up and down. ENTRY POINT : 2632.80 at the area of OB H1. STOP LOSS : 2641.40 and Target is 2611.50 PLEASE USE STOP LOSS AND TP ON YOUR EVERY TRADE. DONT FORGET TO SHARE YOUR IDEAS ON THIS POST, PLEASE SHARE YOUR IDEAS. STAY TUNE FOR EVERY UPDATE. GOOD LUCK EVERYBODY.
FOREXCOM:XAUUSDShort
by Zayn_Muaath
The Litecoin VS Bitcoin trend is changing.For years LTC has been bleeding against BTC. It looks like this trend could have finally ended, at least for a short term (possible few months). Very similar to Ethereum vs Bitcoin the chart of LTC silently has changed the trend and is screaming buy. LTC will start to rise in value against BTC and is a very good trade to gain more bitcoin over a fairly short period of time. Lets take a look at the charts. On the left its the 2 week chart of LTC/BTC The price action seems to have found a bottom along with a lot of indicators. Top indicator is the trusty RSI, with a bottoming out and strength has made a significant move up. The middle indicator is the RCI3 lines which has just made 2 important crosses with the red and blue lines quietly gaining strength and momentum. On the bottom is the BBWP. The main thick line has turned blue, and historically blue is the best buy area for this indicator. On the right is the monthly chart with 3 indicators respectively bellow. The first indicator is the RCI3lines for second time. We can see for the last many months it has been flatlining but recently the red line has sliced through the GREEN and is trying to cut through the BLUE (possibly January). The Stochastic RSI is showing momentum is coming into this trade, however it has not confirmed yet. The red line would have to cross the 20 level like the blue line for it be official. On the very bottom is the ADX and DI. The GREEN line has made an all important cross above the red line which shows a change in the trend. The purple line shows the strength in this trend. The strength a the moment is not strong, however we can see that it also has changed it's direction and looking to start climbing as the move gets stronger. The first major target (take profits) for this trade would be at the 5000 sat level. getting above that could lead anywhere from 8000 to 15000 that has a lot of time to play out and still remains to be seen Thank you for checking my chart. Please like and share with friends. WeAreSat0shi
Long
by WeAreSat0shi
4
$ETHBTC - Bottom is in.As I posted earlier in the week, I think BITSTAMP:ETHUSD is primed to run in the near term, here's the original post: Building on top of that, we have more indication that ETHBTC may have found some bullish support, on the shorter time frames over the past few days you can see a clear double-bottom where I highlighted the yellow semi-circle. ETHBTC has even made a higher high now as of today, as BTC has tested support near 94k USD. If ETHUSD rallies as we expect, it makes sense that through Jan-Feb BTC.D will see a steep correction along with this. This is not to say that I am bearish BTC- I don't think BTCUSD is done, but I do think there are better RR trades emerging in the market soon. WDYT?
Long
by httpz
SOLUSD Swing Long Opportunity - A Deeper Dive with TD SequentialBINANCE:SOLUSD is flashing a long signal on the daily chart, with a potential entry point around $175.65, a stop-loss below the entry bar's low, and a profit target at the TI Setup Trend Resistance near $228.95. The Setup: A Perfect Red Setup 9 has appeared on the SOLUSD daily chart, a classic TD Sequential signal suggesting the current downtrend could be nearing its end. This pattern, where the last nine consecutive bars close lower than the close four bars prior, often indicates exhaustion of the prevailing trend and a potential reversal. Distinction and Entry Point: It's crucial to distinguish between a Perfect Red Setup 9 and a Non-Perfect Red 9. The "perfect" setup requires specific price action criteria to be met during the setup, increasing the reliability of the signal. We have a confirmed Perfect Red Setup 9 in this case, making it a stronger signal than a Non-Perfect Red 9. Therefore, the suggested entry point is slightly earlier, looking for a close above the high of the Perfect Red Setup 9 bar, which is around $175.65. This allows traders to capitalize on the reversal sooner while maintaining a disciplined approach with a well-defined stop-loss. Confirmation and Risk Management: While the Perfect Red Setup 9 is a strong signal, confirmation with additional bullish indicators is always recommended. A price flip (Green Setup 2 appearing after the Red Setup 9) or bullish divergence in the RSI could further strengthen the long bias. A trailing stop-loss can help lock in profits as the price advances. Disclaimer: This article is intended for educational purposes only and should not be construed as financial advice. Always conduct your own thorough research and manage your risk responsibly before making any trading decisions.
BINANCE:SOLUSDLong
by hydtie
Big Idea: Swing Trade Setup for SOLUSDT BINANCE:SOLUSDT is showing signs of a bullish reversal backed by the Momentum Reversal Indicator (MRI), along with key technical levels derived from daily, weekly, and monthly charts. This trade setup leverages trendline analysis, Fibonacci retracements, and RSI confirmation to identify an actionable swing long opportunity. BINANCE:SOLUSDT Key Levels and Signals Entry Point: Above $195 upon confirmation of a price flip (Green 2 > Green 1 on the daily chart). Stop-Loss: Below the recent swing low of $180 . Take-Profit: Target $228.95 , the TI Setup Trend Resistance level. Risk-Reward Ratio: At least 1:2 , aligning with standard risk management practices. Technical Analysis 1. MRI Signal Overview A recent Non-Perfect Red 9 was detected on the daily chart, signaling potential trend exhaustion of the bearish movement. MRI countdowns confirm that bearish momentum is nearing a conclusion, paving the way for bullish price action. 2. Support and Resistance Support Level: Recent swing low at $180 , which aligns with local demand zones and key Fibonacci retracement levels. Resistance Level: $228.95 , identified as the TI Setup Trend Resistance on the daily chart, acting as a natural take-profit target. 3. Confirmation Indicators RSI: Look for oversold conditions (<30) or bullish divergence to validate the reversal. Trendline Breakout: A break above $ 195 , coupled with a Green 2 closing above Green 1, confirms upward momentum. Fibonacci Retracement: The 38.2% retracement level aligns with the identified resistance zone, adding confidence to the take-profit target. The Trade Plan Action: Go Long 🚀 Entry Trigger: Enter above $195 , only after confirmation of a price flip (Green 2 > Green 1). Stop-Loss: Place below the swing low of $180 to manage risk. Take-Profit: Target the next resistance level at $228.95 , where price may face selling pressure. Trailing Stop-Loss: Use a trailing stop to lock in profits as price moves favorably. Risk Management This trade offers a well-defined risk-reward ratio with clear stop-loss and take-profit levels. Ensure that your total risk does not exceed your portfolio's limits, and adjust position sizing accordingly. Conclusion SOLUSDT presents an exciting swing trade opportunity with favorable bullish signals and technical setups. Watch for confirmation before entering, and be prepared to capitalize on this potential reversal. 📉 Let me know your thoughts or if you see additional confluences! 📈 💡 Disclaimer: This idea is for educational purposes only. Always conduct your own analysis before making any financial decisions.
COINBASE:SOLUSDLong
by charts-tradingmri