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TMCNet:  BlackRock Shares Up 16.2% Since SmarTrend's Buy Recommendation (BLK)

[December 17, 2012]

BlackRock Shares Up 16.2% Since SmarTrend's Buy Recommendation (BLK)

Dec 17, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for BlackRock (NYSE:BLK) on August 16th, 2012 at $176.61. In approximately 4 months, BlackRock has returned 16.24% as of today's recent price of $205.29.
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Over the past year, BlackRock has traded in a range of $160.25 to $209.37 and is now at $205.30, 28% above that low. The 200-day and 50-day moving averages have moved 0.03% higher and 1.14% higher over the past week, respectively.

BlackRock, Inc. provides diversified investment management services to institutional clients and to retail investors through various investment vehicles. The Company offers the BlackRock Funds and Blackrock Liquidity Funds, and also provides risk management services to fixed income institutional investors.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of BlackRock shares.Log in and add BlackRock (BLK) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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