$ZIM looking to open a long position

It seems that the stock has reached an oversold level and its right above the support level at approximately 60$ I am thinking of opening a long position. Great value trade in my opinion and as the market is flashing red again it might be a good option. In terms of fundamentals the company has terrific PE and forward PE ratios, great ROI, ROE, ROA and great margins. In an environment where inflation runs super hot thats a company that I believe will capitalize on it and improve their margins. Let me know your thoughts on ZIM they have a crazy dividend yield as well which I am not sure if its a good sign at they are close to 20% dividend yield which seems a bit to much.