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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

Comment by Ghostinthedarkon Nov 01, 2021 9:04am
41 Views
Post# 34072211

RE:RE:The share price continues to drop on the monthly time frame.

RE:RE:The share price continues to drop on the monthly time frame.LOL....The monthly trend is moving down seven months in a row......

NOt sure of your point..

HEXO is a falling knife... To buy stock, you don't buy in a downtrend--especially  a trend that shows a 7 month of lower highs and lower lows.

There is the short term trend----day to day...

Mid term trend---weekly

and Long-term trend---monthly

A bearish trend ends once you see higher highs on the daily, then weekly, then monthly time frame.

SO your comment makes no sense!!!
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