Likely to retest 2.55 again!
The current price of 2.51 is trading above it's SMA lines + RSI is still rising up nicely, looking good to continue to trend higher.
Dividend of 5.5 cents ,XD in early May. Plus another 7 cents dividend for final quarter ,yearly dividend of 12.5 cents , yield of 4.98% looks quite attractive!
Short term wise, I think it may retest 2.55. Breaking out smoothly plus good volume that may drive the price higher to 2.60 then 2.66 with extension to 2.75.
Not a call to buy or sell.
Pls dyodd.
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