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TMCNet:  BlackRock Up 26.4% Since SmarTrend Uptrend Call (BLK)

[January 15, 2013]

BlackRock Up 26.4% Since SmarTrend Uptrend Call (BLK)

Jan 15, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for BlackRock (NYSE:BLK) on August 16th, 2012 at $176.61. In approximately 5 months, BlackRock has returned 26.41% as of today's recent price of $223.25.
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In the past 52 weeks, BlackRock share prices have been bracketed by a low of $160.25 and a high of $224.47 and are now at $223.25, 39% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.0%.

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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