BLK: more downside potential

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BLK: more downside potential BlackRock, Inc.NYSE:BLKartemfedorovPrice has immediate downside potential if it fails to reclaim the local resistance at 1090. A breakdown below 1050 would increase the odds of continuation toward the next key support levels at 1018 and 985–965. Alternatively, a sustained break above 1090 would shift probabilities in favor of a larger bounce toward the declining 50-day MA. Chart: