Have you considered the implications of Homer dropping (and breaking down of its trading range) in the wake of Homer reporting its profits this month?
Btw... my last comments were quite recent:
Why need to explain?
If one thinks about it....
It's not too bad of a heads up on both counts.
However.....
for Homer...
If you think about it...
The tight consolidation kinda makes sense...
SINCE Homer DID disappoint its investors the past couple quarterlies...
They were greatly below expectations...
With Homer reporting soon...
and the stock in a tight range...
I would interpret it ...
and err as what others would...
that the market does not have too much confidence with the stock at current prices....

Betting early...
buying the range does have the reward... but also its risk....
YES.... there should be one interim divi to be expected.... (but based on current prices, the yield is not too sexy)
YES.... the dollar strength should boost its margins (but Homer for its last quarter noted the increase in cost (higher leather cost (which is purchased in USD) ....
but IF Homer disappoint once more.....
it could break down instead of breaking up from this tight range......