H&R Block Inc


H&R Block is likely to be one of the most actively-traded stocks tomorrow after reporting less-than-expected earnings after the market close today. As you can see from the chart below, HRB has formed a double bottom pattern during the past three months, with many bulls having shown interest in seeing if the price was going to be able to surpass the combined resistance of the January high and the 200 DMA. However, given today's bad news, the price is likely to head toward the support near $23.60.


You May Also Like

Related Analysis
  1. Economics

    Iron Ore Market: Falling Into The Hands Of A Few

  2. Trading Strategies

    Know How To Manage Gaps On Your Trading Strategy

  3. Mutual Funds & ETFs

    Buying ETFs on Margin Versus Leveraged ETFs

  4. Investing

    How To Invest In The Saudi Arabia Stock Exchange

  5. Forex Strategies

    Understanding Peer-to-Peer Foreign Currency Exchange

Trading Center