Don't Ignore This Chart!

A Double Top Point & Figure Breakout for H&R Block


A 25-cent daily Point & Figure chart for HR Block ($HRB) captures price action all the way back to July 2009. These X's and O's show the stock moving lower throughout 2010 and firming towards yearend. 2011 has been better with a double top breakout last week and a trendline break this week already.

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Arthur Hill
About the author: , CMT, is the Chief Technical Strategist at Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed market technician. Arthur has written articles for numerous financial publications including Barrons and Stocks & Commodities Magazine. In addition to his Chartered Market Technician (CMT) designation, he holds an MBA from the Cass Business School at City University in London. Learn More
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