TSX:DBM pays a quarterly dividend of 0.14, which is 9.3% yield.
It has fallen back to its September 2021 low, after retracing 50% of its bearish leg.
It has heavy support (14 weeks worth) at $5.81
Could it fall further than that? Sure, anything can happen.
But I think it is unlikely in the next week, as the ex-dividend date is the end of this week.
Perhaps...
Here we will have a big probability of an uptrend after the breakout with force the resistance line by a big green candle with a large green volume. So, in other hand we can have a downtrend if the support line and also the vwap indicator are broken with force by a big red candle with a large red volume.Thanks.
