BlackRock is due to report earnings alongside the big banks on Friday. It is expected to report earnings of $8.43 on revenue of $4.48bn.

BlackRock is also due to report earnings alongside the big banks on Friday. It is expected to report earnings of $8.43 on revenue of $4.48bn. At the moment, its share price sits around $696.46 a share. From a technical overview, we can see that the support base rests at $621.28 (green trendline) and that there is support along the ascending trendline. Support along the trendline sits at $680.12, a break below could test support levels of $674.71 and then $670.65. Yesterday, the price attempted to climb and close above resistance of $702.25 & $704.02, but it was overpowering. If we see a close above $704.02 we would then look towards the tough level at $717.09 (red oval). As a move above $717.09 could confirm the start of a new bullish trend. The technical indicators are mixed on this one, MACD is slightly negative but swaying towards neutral but the RSI is positive as it reads 57.