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 > Analytical training: The hammer ?????

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Comment by quinlashon Jun 26, 2020 2:03pm

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Post# 31196328

RE:RE:RE:Analytical training: The hammer ?????

The share price you are noting has not been seen on the stock in 30 days, the share price I am estimating has been seen on the stock this week.

It's also a Friday, margin players buy / cover on Fridays at the best price they can. If sellers back off to $2.00 then margin players will be forced to buy at $2.00 to get out for the weekend.

The market will set the price, nothing to sweat over.

Q

Analyste-57 wrote:

Quinlash !!

In my opinion, again, for a ping pong ball to bounce, it must touch the ground, and the ground is at its mm50 and it can be at 0.87 c

If this is not done today, this ping pong ball will hit the ground a little later, that is to say next week, despite the fact that you may announce a closure at + or - 1 $ 05.

It is also quite rare to see prices lower than its mm20, so as not to touch, or almost, its mm50 before going up.

Now a game of golf awaits me.

Good closure