Here is a nice trend following long opportunity , the only problem is it has a super low avg daily volume , but the spread was minimal. Recently has entered into a strong uptrend and we are just above trendline support with two nice green daily confirmation candles . Metrics look great , especially the margins and the 7.49% dividend doesn't hurt either....
Hi. In this 1D chart you will see a potential diagonal resistance and a diagonal support that together create a channel within which the price has moved. I've also attempted to define a resistance turned support zone that together with the support diagonal creates a clear turning point for the price to move off of and return to an upward direction. Both the...
NYSE:CRT CRT has struggled during COVID. EPS and dividend cut 8.2% and EPS decline YoY 21% for the past five years. Generally, avoid companies trying to push a high dividend that is unsustainable. With that said and this swing play. Consider a stop at the current level at 5.5%