As it is obvious from the charts and the title above , the prices of the unrelated commodities, that were presented in the selection above went up significantly from the lows of 2020. It is possible that, with the exception of lumber, that is beating the all time highs for some reason, most of the current price increases are just the recovery to the pre-covid...
Very similar pattern of July 16th with August 17th. Green candle gapped out of top Bollinger Band , and continued to move higher for 2 weeks. Selling my position by friday 28th, and/or if the Low-Bollinger-Band starts to trend higher
Due to a shortage of lumber, prices have skyrocketed. West Fraser Timber is a leading diversified wood products company, West Fraser is one of North America's largest lumber manufacturers with 45 facilities in British Columbia, Alberta, and the southern U.S.
$HD broke $259.29 out last week and ready for a new uptrend. However, the volume and rsi are still weak and just watch for more volume before get in. Note: Lumber price is increasing so it may affect also HD performance positively. 12 months Consensus Price Target: $255.28 if you find my charts useful, please leave me "like" or "comment". Please don't trade...
Dates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will...
Dates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will...
Dates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will...
The Commerce Department ruled recently that tariffs imposed on most Canadian lumber sold south of the border could be reduced, after conducting an administrative review of anti-dumping and countervailing duties applicable for 2017 and 2018. This will mean a boost to cash flow and profits for the Canadian lumber companies. Also, lumber prices have been rising.
LL - If they don't go bankrupt, this should go up from here.
MMHVW - looks like a buy - do your own research as usual Lumber Liquidators Holdings, Inc., together with its subsidiaries, operates as a multi-channel specialty retailer of hard-surface flooring, and hard-surface flooring enhancements and accessories. The company offers hardwood species, engineered hardwood, laminates, resilient vinyl flooring, waterproof vinyl...
Remember when I drew this log? This stock continued spiralling down!! Any saving it? Earnings coming up on Monday!!
Waiting for a lumber pullback into a potential long area. - Right now, the housing numbers are keeping the buyers away but everything could change as soon as the snow melt - RSI is approaching the oversold area - A nice zone between 365-375 with multiple touches
Potential Head and shoulder reversal. May dip a bit further before completing Right Shoulder. Good place to accumulate. Expect stock to rally in response to stronger trade talks between us and china.
legoo 13% measured move
Real Estate bubble pops or at least begins to break by early 2020
0.618 support bullish divergence 0.786 gap capacity, NAFTA