One caller during Thursday night's "Lightning Round" segment of Mad Money asked Jim Cramer about New York Community Bancorp (NYCB) : "That dividend is too risky. We need to get Covid-19 under control," was Cramer's answer. Let's look at the charts and indicators.
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We don't have enough information yet to know, but here's what we can tell.
I believe the half-now, half-on-a-breakout is the way to play this one.