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 > RSI & manipulation

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Comment by quinlashon Aug 25, 2020 10:02pm

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Post# 31453454

RE:RSI & manipulation

Big money can swing a stockprice pretty quick however there is also big money held by retail investors and when they decide to buy it is very difficult to hold that influx of investors back.

Outside of that comment I would say it is worthwhile to watch the daily trading live. After you monitor it for awhile you can form your own opinion as to how big money is trading.

Hope that helps

Q

CougerMilk wrote:
Quinlash, any comments on this? https://twitter.com/JaimeSommers19/status/1298428555362172931?s=19 Does the RSI demonstrate attempt at suppression? Is it going to explode?

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