This high dividend stock is giving a perfect breakout buy setup.
$COAL.NS $COALINDIA (India)
Why is it a perfect breakout? That is because the Breakout setup in daily is accompanied by strong trendline support in weekly. Those situations (weekly trendline support, daily trendline resistance breakout) are some of the most reliable trades (when taken in strong fundamental stock in strong industries).
Here is the complete CUE 360 analysis of the stock.
You can easily find such trades in the USA and other markets using CUE real-time systems.
CUE Edge industry-rotation table shows the industry to be one of the strongest and most accelerating today.
CUE Vital fundamental scorecard shows it has 10%+ dividend yield and funds are accumulating.
CUE Global charts show it has weekly Memory trendline support and daily Breakout setup. It also has a trend-following Flow long setup at the same time. You could know of that from the CUE Global chart commentary as well (if you are new trader using CUE, the commentary is great help in reading the chart exactly as I would read it). Commentary also shows it has squeezemove and fanout patterns, making the buy even more attractive.
If you found such a stock in your market, what would you do? Buy, sell, stand aside? I would probably go for buy.