Dropped another -4% yesterday with the market sell off and this pushed the Dividend Yield up to +7.97% now and the price is still at the confluence level of the 0.78 Fib and the 30 Year yellow support line.
We can't rule out the downside risk of this dropping to the 0.887 Fib at $16 but what we can say is that this is extremely undervalued right now, with a very attractive dividend and looks very cyclical....meaning when the reversal comes it will likely continue its run back above $66 for the next 5-10 years.
Tim
2025-04-11 22:36:54 +0000 UTCDC
2025-04-11 13:10:21 +0000 UTCGareth Neary
2025-04-11 12:25:22 +0000 UTCFederico Salerno
2025-04-11 11:59:38 +0000 UTCLukasz
2025-04-11 11:24:01 +0000 UTC