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.

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BLACKROCK Municipal Income TRUST

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Post by Ghostinthedarkon Feb 03, 2022 11:22am

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Post# 34393212

We have a bearish reversal for HEXO..

Lower high sp compared and lower low sp compared to yesterday...
Friday is a sell day--so be careful buying in today..
Always look at a chart before going long. is the Trend on the hourly, daily, monthly up? Or Down?

Stocks often move back to their moving average..
HEXO's 5 day moving average is ,78 cents
HEXO's 20 day moving average is .75 cents.
Hexo's 50 day Moving average is 1.00

The Five day price range for HEXO is:
Reistance and High sp--.88 cents on Feb 3
low-.63 on Jan31

This becomes the resistance. 88 and support .63 cents

Want to buy?? Swing Trade? Day trade?
1. Look at a chart.
2. Wait for share price to touch support or .63 or a few cents before
3. set a stop loss below .63
4. Buy and hold, watching the stock move up...

Easier said than done.

But, remember---more than 90% of the time, a stock trades in a range.

I am all cash...waiting for another entry near .63 cents