Hamilton's E-Wave Analysis

H&RBlock, HRB

hrb june 13 2013

We have absolutely no idea how to count these charts in EW terms. Nevertheless the recent double top and an approaching upper trend line (at around $34 +/-) make us very nervous. A p/e at about 24 does not help much either. Also their low-end approach to filing is quickly being overtaken by dozens of self-help internet programmes that are available for free. The typical “interview” approach is probable as efficient and accurate as dropping of a shoebox with -slips etc. We are inclined to step aside right here.