BlackRock’s stock is on an upward trend after a strong rally that started after the 2022 market low. An Elliott Wave analysis suggests the company is nearing the end of a major cycle and there may soon be a good chance to buy. In April 2025, BlackRock experienced a wave ((4)) correction, finding support in the $793-$678 range. Currently, the stock is above the April low of $773, indicating the start of a wave II correction. If the stock stays below the October high of $1219, it may drop below $1,000 next year. The expected correction could fall to the 38.2% – 50% Fibonacci retracement zone, around $946 to $861, presenting a great investment opportunity. Long-term predictions point to a target of $1500. The overall bullish trend for BlackRock remains strong. It may be wise to consider buying during weekly and daily pullbacks, especially using the Elliott Wave strategy for timing. Keeping an eye out for a 3, 7, or 11-swing correction could help identify key entry points. Tools like the proprietary Blue Box can enhance precision and help traders navigate the next upward move. Now that the cycle from the 2022 low seems complete, the recent October 2025 peak at $1219 is an important high. Additionally, the S&P 500 is struggling to stay above 5,500, suggesting a cautious approach in the broader market. Traders might want to explore buying put options with expiration dates in the first quarter of 2026 to benefit from a potential decline. Rising market volatility, with the VIX nearing 18, makes options pricier but also highlights growing uncertainty. This reinforces the idea that a larger decline may be underway after October’s highs. As long as BlackRock’s price is below the $1219 high, any short-term rallies should be seen as chances to start or increase bearish positions, like bear call spreads. This view is supported by recent economic data. In late November 2025, Federal Reserve officials indicated they would keep interest rates high into the next year. Historically, such tough stances often lead to periods of consolidation or correction in major stocks like BlackRock (BLK). The April 2025 low of $773 is a crucial level to watch for downside movements. Looking ahead, we are preparing for a significant buying opportunity as the stock approaches the $946 to $861 zone. Traders should set alerts for this area and get ready to shift from a bearish to bullish outlook. Once the price enters this zone, selling cash-secured puts with expirations of 30-45 days may be a smart strategy to either earn premiums or buy shares at a better price. Even with the expected pullback, the long-term outlook is strong. BlackRock’s third-quarter 2025 report shows assets under management exceeding $11.5 trillion. This correction is a natural part of the market, similar to the dip we saw in 2022 before the major rally that followed. It sets the stage for a new uptrend, where we will look to buy long-dated call options targeting the $1500 level in late 2026 or 2027.

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