T.TO is stabilizing above the 50-day MA ($18.31) with positive MACD divergence, signaling a potential reversal. The 8.86% dividend yield creates a hard valuation floor, attracting defensive capital. The setup targets a mean reversion to the 200-day MA ($20.92) and analyst targets, while the stop is placed below the 50-day MA and Bollinger Band lower limit to mitigate trend risk.