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A_Swissa
Aug 11, 2014 12:33 PM

HEB 3 reasons why it could go higher Long

H&R Block, Inc.NYSE

Description

here is why i think HRB is going higher

1. price broke out of range 27$-32$ in a decisive move and high vol

2. price successfully tested 32$ as support and rebound creating a bull wedge and broke resistence line friday

3. trip EMA oscillator is turning bullish again which led in the past to nice moves


target of range fib extension and small bull flag is around 37$ (TP at 36.5-36.8)

P.S
thanks to @BreakOutArtist check his idia on related

GL
Comments
A_Swissa
in the title i meant
"HRB" not "HEB" of course!
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