H&R Block Inc

AAA

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.



HRB_022306.jpg





comments powered by Disqus
Related Analysis
  1. The ADX Shows Strong Uptrends In These 4 Stocks
    Chart Advisor

    The ADX Shows Strong Uptrends In These 4 Stocks

  2. Falling Prices Are Dragging These Gold Stocks Down
    Chart Advisor

    Falling Prices Are Dragging These Gold Stocks Down

  3. Invest In Dividend Aristocrats With This ETF
    Chart Advisor

    Invest In Dividend Aristocrats With This ETF

  4. Downward Trend Channels for the Market Correction
    Chart Advisor

    Downward Trend Channels for the Market Correction

  5. Oil, Oil Stocks: What The Charts Are Saying
    Chart Advisor

    Oil, Oil Stocks: What The Charts Are Saying

Trading Center