H&R Block, Inc. ( NYSE:HRB ) Sector: Consumer Services (Other Consumer Services) Market Capitalization: $7.186B Current Price: $44.93 Breakout Price: $47.10 Buy Zone (Top/Bottom Range): $44.40-$38.80 Price Target: $62.40-$64.20 Estimated Duration to Target: 152-161d Contract of Interest: $HRB 3/17/23 45c Trade price as of publish date: $4.65/contract
Play plan for HRB on the chart with all explanations.
HRB set to have a bullish catalyst to continue it's upward momentum. Buy Low and Sell High on tomorrows volatility. IN MOMENTUM WE TRUST.
NYSE:HRB 💡H&R Block, Inc., or H&R Block, is an American tax preparation company operating in Canada, United States, and Australia. 📈HRB broke the downward trend-line on 25 September 2020. From the beginning of October 2020 the stock has been trading sideways on the channel between $ 17 - $ 18.50 consolidating the range. With a golden cross taking place (50 MA...
Fundamental analysis indicates HRB will continue to perform well under COVID restrictions, especially as newly implemented vaccinations bolster its broader market within the tax industry that includes face to face consultations (unlike intuit - TurboTax). The US is also entering its historic tax preparation season, following the holidays. Sentimental...
* Please do your own homework and your own analysis. This is only for my own personal journaling/data collection/ forward testing purposes only. Pros: Bullish Perf Week: 2.87% Perf Month: 7.34% Perf YTD: 14.66% Chng: .97% Rising From Demand Zone Breached Downtrend Above SMA: 20+50 Last Earning: Positive Last Dividend: Positive Volume: Low Cons: Back at daily...
Look to catch wave 5 and ride it as 1.0 fib relationship of wave 1.
long on this. after we break resistance gap fill. initial pt 25. leaps will do the job
If HRB opens below 30.96 consider using the Retest Gap strategy
If HRB gaps above 34, Gap N Go. If it gaps below 31.40, Retest Gap. To learn to trade these strategies for free, go to www.RealLifeTrading.com