It has managed to bounce-off from the lower Trend Line at about $19.01 and rises higher to hit $19.21 , looks rather positive!
The current price of $19.21 is staying above it 20 days MA looks like the worst might be over!
Short term wise, a nice breakout of the recent high of $20.06 price level plus high volume that may drive the price higher towards $20.35 then $21.00 with extension to $22.35.
Dividend of 33 cents per quarter.
Recent analyst has been projecting dividend might be cut for the coming quarter result on 30th April to 30 cents per quarter.
Let's say the yearly dividend of $1.20, Yield is still pretty high at 6.24% based on the current price of $19.21.
I think is difficult to catch the bottoming price. Is good to have a proper investment plan in place.
Not a call to buy or sell.
Pls dyodd.
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