H&R Block, Inc. (NYSE: HRB), one the largest tax services companies in the U.S., just formed a golden cross.
A golden cross is a bullish signal that usually indicates a stock’s share price will rise over the near-term.
As you can see on the chart above, a golden cross occurs when the 50-day moving average (purple line) crosses above the 200-day moving average (green line).
My team of traders believe this move signals the company’s share price could gain up to 5% over the coming weeks.
Consider buying HRB today.
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