Zeev's Turnips Patch-No Politics (ZEEV)

[Bob Zumbrunnen]

I don't know if this is the appropriate place to ask, but I'm going to ask anyway.

I'm considering getting rid of the JNPR in my IRA and buying more F with it. I bought F a long time ago at $24.36 for the dividend, only to have the dividend cut in half days after I bought it. Today the dividend works out to about 5.3%, so if I average down (which I normally hate doing), I could have a dividend yield closer to 4%. And a stock that might just have passed a test of its bottom.

Can anyone give me a brief TA read on it as for the timing of a purchase today? Or a suggested limit price for it if it could retest?

Or perhaps another possible LTBH candidate that currently trades under $10 and pays a respectable dividend? When I say LTBH, I mean I might do a maximum of one trade per year in this particular account.

I did extremely well a couple of years ago buying IKN when its dividend was about 10%. Stock doubled on me in short order so I collected one quarter's dividends then unloaded the stock. Currently, its dividend yield is only 2.22%, so I'm not interested.

I prefer dividend-paying companies in this account because I rarely even look at the account and prefer to just use dividends once a year to add new positions.