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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 > bottom is in at .685---looking at support and resistance.
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Comment by quinlashon Apr 07, 2022 1:09pm
82 Views
Post# 34584911

RE:RE:bottom is in at .685---looking at support and resistance.

RE:RE:bottom is in at .685---looking at support and resistance.
TheNewOldtimer wrote: What a bunch of total Nonsense!!!! 


the mindset of a daytrader is to try and grab shares on the lows then flip out quick on a gain that looks decent for them for the day / week or whatever it is that they are trading for.  Investors look longer term into the future and use various trading strategies to maintain the lowest possible average for an eventual full or partial exit down the road.

Stockhouse (and likely most forums) are not well suited for long term investors outside of being a source for links to articles and hard to find company documents etc.

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