#BlackRock Inc.is an American multinational investment company. Founded in 1988, initially as an enterprise risk management and fixed income institutional asset manager, BlackRock is the world's largest asset manager, with US$10 trillion in assets under management as of December 31, 2023.[1] Headquartered at 50 Hudson Yards in Midtown Manhattan, New York City, BlackRock has 78 offices in 38 countries, and clients in 100 countries. BlackRock is the manager of the iShares group of exchange-traded funds, and along with The Vanguard Group and State Street, it is considered to be one of the Big Three index fund managers.[3][4] Its Aladdin software keeps track of investment portfolios for many major financial institutions and its BlackRock Solutions division provides financial risk management services. As of 2023, BlackRock was ranked 229th on the Fortune 500 list of the largest United States corporations by revenue.[5]
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One method of trading near support/resistance levels is to enter a position immediately after a bounce.

Many retail traders make the mistake of placing their orders at support/resistance levels, expecting them to become active soon.

Yes, sometimes this strategy can work, but you need to keep in mind that support and resistance are not exact numbers. Therefore, in order to filter out false movements (breakdowns), you should perceive support/resistance levels as some “zones”.

It is best to build zones on a line chart, which will remove unnecessary noise of the candlestick chart.
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