H and R Block (HRB) NewsBite - HRB Covered In a Lee Allen Report Today

Posted: Thursday, September 25, 2008 10:35 AM EDT

H and R Block (HRB) was covered in a Lee Allen Report today and the stock is now at $23.41, up $0.29 (1.25%) on volume of 80,550 shares traded. To see the report, and Lee's hot financial tips, go to http://www.iotogo.com/la92508 . Over the last 52 weeks the stock has ranged from a low of $16.89 to a high of $27.97. H and R Block stock has been showing support around $22.37 and resistance in the $24.37 range. Technical indicators for the stock are neutral and S&P gives HRB a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on HRB the stock seems like it could be a candidate for a November out-of-the-money bull-put credit spread below the 20 range. [ABR-Seven Summits Strategic Investments NewsBite]

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