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 12:13pm

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Post# 34393519

Want to swing trade---never buy on a downtrend

For instance, Hexo dropped to .73 cents less than 1 hr ago... Lots of retailers will buy....No, wait. Wait until the stock bottoms---trades in a narrow range for a day or two.

ONce you see the stock rise about the MA-5 day or 20 day MA, and the chart moves upwards, buy the stock....

The range is ---Resistance -.88 cents

Support----.58 cents.

Look for a higher low---around .63 cents...You HAVE to WATCH A CHART---the CANDLE STick chart---on the 15 minute , 1 hr, 4 hr, daily...

I fully expect HEXO to close below .73 cents at Friday's close