Overcoming Hurdles: This Stock is Ready for New All-Time Highs

Dividend Increase Track Record Dividend Payout Ratio 69.16% The technical action is mixed. The market surged on the news, but the gains were quickly capped. The takeaway is that support is solid and rising, but hurdles remain for the market. Support is in the form of institutional investors, who have bought on balance for many consecutive quarters and ramped their activity in the first half of this year. Strong resistance is in the form of short-sellers whose interest was above 10% at the last report. They ...