BlackRock sets a record with iShares as the driving forceBlackRock, Inc.BATS:BLKActivTradesIon Jauregui – ActivTrades Analyst BlackRock (NYSE: BLK) reached $15.34 trillion in assets under management for the first time, up 22% from a year ago, driven by strong market performance and significant capital inflows into its exchange-traded funds. The world’s largest asset manager recorded $192 billion in net inflows, led by iShares, and posted adjusted earnings per share of $13.91, significantly above the $12.59 expected by the analyst consensus. In addition, the company reported quarterly revenue of $7.084 billion and increased its share buyback programme to $2 billion, reinforcing market confidence in its outlook. The market reaction was immediate. The stock closed Wednesday’s session at $1,025.44, after opening with a bullish gap of more than $50, and during the session it moved above $1,093 per share. In overnight trading, the stock again moved above $1,100, reflecting that buying interest remains strong following the earnings release. From a technical perspective, the move has been accompanied by a significant increase in volatility. The share price has traded within a range between $990.35 and $1,113, while the Point of Control (POC) is currently located around $1,079, a level that concentrates the highest traded volume and could act as a dynamic support area in the coming sessions. The moving averages continue to show a phase of price compression, indicating that, despite the strong bullish gap, the stock remains within a broad consolidation range that began several months ago. The rally allowed the price to test the upper part of this range, although a sustained breakout above recent highs will still be required to confirm a continuation of the trend. Momentum indicators maintain a positive bias. The MACD continues to strengthen, with a rising histogram reflecting an acceleration in bullish momentum, while the RSI, currently around 66 points, is entering a moderate overbought zone without yet showing clear signs of exhaustion. In this context, the technical scenario continues to favour an extension of the move towards the $1,181.36 resistance level, corresponding to the highs recorded in January. As an alternative scenario, a technical pullback towards the $1,040 area, where the latest bullish move began, cannot be ruled out, particularly after a session with exceptionally high volume in which, despite the strong intraday advance, the candle closed with limited directional conviction. Nevertheless, a deeper correction would become less likely as long as the price continues to consolidate above the area between the $1,079 POC and the $1,040 support level, which will be key zones for assessing the strength of the short-term trend. ******************************************************************************************* The information provided does not constitute investment research. The material has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and such should be considered a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance and forecasting are not a synonym of a reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acting on the information provided does so at their own risk. Political risk is unpredictable. Central bank actions can vary. Platform tools do not guarantee success.