Let's review the charts and indicators.
It's hard to call a stock that doubled over the past six months oversold, but that is indeed what we see.
Sometimes high dividend stocks have a secure dividend with room for future dividend growth. These can be among the best opportunities for income investors.
Some new accumulation (buying) around the $85 area should set the stage for further gains.
Here's where aggressive traders could look to go long PCH.
For now, China's infrastructure-led stimulus efforts are helping drive demand for iron ore at a time when production is under pressure.
Copper has had a nice run, and the likelihood the worst of the pandemic soon could be behind us could mean increased consumption ahead.
Avoid the long side of LOW until fresh support develops.
And there is a particular Brazilian ETF that is worth exploring if you want to take advantage of rising commodity prices and the falling U.S. dollar.
The charts of the steel company are positive right now.