BlackRock Inc. (BLK)
Date of Analysis: February 14th, 2025
Time Target: A mid-cycle top is expected to arrive in May 2025. We have a long-term X-cycle suggesting that the actual top will arrive in June. After putting in a top, BLK will sell off to its mid-cycle bottom, which is expected to arrive early 2026.
Price Target: Our first target is located at $1150 +/- $30 with stop loss at $1190.
Projected Move: A down move of approximately 35% within the forthcoming 8-12 months is expected.
In summary, BLK is expected to develop a top to bottom fast move approximately from May-June 2025 to January-February 2026. The drop in price is expected to be from $1150 a share down by approximately 35%.
