PPL Long Term Dividend Play - Utility Stock With 6%+ Dividend

PPLPPL

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  BUY ZONE 1 Trade Plan
  
• Price currently testing 200 DMA
  
• Volume is currently heavy
  
• Wait for a successful defense of 200 DMA and close above down-sloping trendline ; I like to see 2 consecutive closes above prior to entry
  
• If 200 DMA definitively fails, go to Buy Zone 2 Plan
  
  
  BUY ZONE 2 Trade Plan
  
  
• Wait for this area to be successfully defended by bulls ; Want to see a definitive break above down-sloping trendline with a 2 day consecutive close above.
  
• If you are extra conservative, wait for a break and close above 20-day MA.