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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

BLACKROCK Municipal Income TRUST > My analytical opinion to come on Hexo !!!
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Post by Analyste-57on Jun 15, 2020 11:39am
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Post# 31151253

My analytical opinion to come on Hexo !!!

My analytical opinion to come on Hexo !!!
I believe that traders know where to buy Hexo.I believe that, by Friday, we will see the action of Hexo gain strength.
 
I strongly expect this week to see a good and gradual recovery in action towards its top Bollingers bands, currently at $ 1.54.
 
When will it happen? In my opinion, when the hex action falls to .03c from its moving average 20, which today June 15 is returned to $ 1.04.
 
I like the chances of that happening.
 
We will see in the future !!!
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