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BLACKROCK Municipal Income TRUST V.BFK.P


Primary Symbol: BFK

BlackRock Municipal Income Trust (the Fund) is a diversified closed-end management investment company. The Fund's investment objective is to provide current income exempt from federal income taxes. Under normal market conditions, the Fund invests at least 80% of its managed assets in investments the income from which is exempt from federal income tax (except that the interest may be subject to the alternative minimum tax). The Fund may invest directly in securities or synthetically through the use of derivatives. The Fund's investment policies provide that it invests at least 80% of its total assets in investment grade quality municipal obligations issued by or on behalf of states, territories and possessions of the United States and their political subdivisions, agencies or instrumentalities, each of which pays interest that, in the opinion of bond counsel to the issuer, is excludable from gross income for federal income tax purposes. Its investment adviser is BlackRock Advisors, LLC.


NYSE:BFK - Post by User

Comment by stocktradinguruon Jun 12, 2020 1:53pm
59 Views
Post# 31144306

RE:What the fukk is wrong with this stock???

RE:What the fukk is wrong with this stock???What a stupid comment !!! Hexo topped out at $1.73, and   S & P 500, DOW tanked yesterday----so all pot stocks tanked...

There is always a correlation between US exchanges and pot stocks----as most Canadian pot stocks trade on these exchanges...

Learn candlestick patterns----uptrend, range, down trend.

Learn how to use a moving average.

Hexo is in a 3 day down trend---each da, we see a lower high and lower low...

Stock seems to be trading in a range right now...

But on Friday's, day traders close their position...

Before you start makind dumb comments, learn the essentials----charts and moving average, support and resistance, bollinger bands, Relative Strenghth index....

Otherwise, you are just a retail investor tossing money at a stock----where you have zero knowledge...

You are just guessing...

Rember swing high and swing low....

When Hexo shows a higher low and higher high, we might have a bearish reversal----this is a swing low..

As I said---learn those candlesticks---and at least be able to identify an uptrend, range, downtrend on the 5 min, 10 min, 15min, 30 min, 1 hr, 4hr, daily, weekly, monthly...

Three days ago, I said we had a shooting star candlestick at $1.73, which indicates a downtrend.


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