Could BlackRock (BLK Stock) reach the 800 level?

Today’s instrument is the BlackRock Inc.‘s stock traded in NYSE exchange under the ticker BLK.

Looking at the BLK ‘s chart, we can see its upward movement towards the current price of around $755.

BlackRock is announcing its quarterly earnings today and if the market’s anticipation is positive then we should see it test its resistance level at around $770 with the possibility to break through it towards its next resistance level at around $800.

On the other hand, it could drop towards its support level at around $700.