After selling off Ebay, we transferred our funds into HRB (H&R Block). This stock has good support at its current level $16.00 – $16.80. It also has support at the $15.00 level. We do not plan on holding our shares for a long period of time.

H&R Block recently had a large sell off due to a declining revenue from falling filed tax returns. Personally, I use H&R Block’s online tax preparing software. I’ve enjoyed the service for years. We are hoping the sell off will reverse itself as the tax deadline nears.

Graph of HRB (H&R Block)

As we always state, we are not professional traders and participate in the market for a hobby. All feedback and comments are welcomed!

E.M