H&R Block, Inc.
Updated

HRB watch $56 above, 54 below: buy next Dip or Break-n-Retest ?

60
HRB should be mostly immune to Trump Tariffs (mostly).
No matter what, people will still need to file their returns.
Big changes may cause a big demand for professional help.
Trade active
Waffling between the fibs
snapshot

Zoom in (m5)
snapshot
Pierced the Golden Covid below at $54.00
Bounced exactly to the Genesis fib at $56.02.
If breaks below 54 again, will be very bearish.

=============================================================

.
Note
Break out under way?
snapshot
(yellow shaded area is from posting time).

.

Zoom in (m5)
snapshot
Consolidation in the zone then a break out.
Market is very shaky right now, so be careful.
But am in a long with SL just below $56.02

.

Looking above:
snapshot
We have some room til next fib at 60.14.
Will trail the stop if we get a boost tomorrow.

===========================================================================
Trade closed: target reached
POP
snapshot
Nice break and run for 7% price gains.
Options play (calls) netted about 250%.
Will put some of the profits into shares.

.

This is likely to continue push.
Will measure and post a new Idea.

===========================================================================

.
Note
Boom and Boom
snapshot
Primary target hit, $60.14 per last update.
Secondary target $63.94 was also hit.

================================================================================

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.