Lately, the weakness in the Euro has been choking the RD stock price.
While the Dollar moves toward toilet paper status, I guess the EURO is doing the same, but lately it looks more like 1 ply paper.
With that said, even with the stock market running out of rocket fuel, RD is still holding over 81 and I do expect positive 2nd quarter results and a rise in stock price before the dividend. I guess we just keep our fingers crossed and our eyes in the key hole.
If looking strictly on oscillator, Rd has been drifting down (MACD) since July 3rd, but I hate to bet against it because of the buy back program. I am hoping that it will spike eventually for dividend run.
A little weakness in share price...may be that investors are a bit uncertain about earnings (announcement Wed. morning). I plan to buy for the dividend run but will wait until after earnings announcement to do so...