Black and Blue

BlackRock Inc. (BLK) looks a bit black and blue ahead of its third-quarter earnings, writes technical analyst Bruce Kamich, who says the charts of the ...

The MACD oscillator has just crossed to the downside again from below the zero line -- another sell signal. In this weekly Japanese candlestick chart of BLK, below, we see a bearish picture. The Moving Average Convergence Divergence (MACD) oscillator is bearish but could cross to the upside for a cover shorts buy signal.