Sylvamo Corporation (NYSE:SLVM) , a leading global paper manufacturer, demonstrates strong financial results and an active strategy for returning capital to shareholders. In the third quarter of 2023, the company reported net income from continuing operations of $58 million or $1.37 per diluted share, significantly above the previous quarter ($49 million or $1.14...
green channel behind is the dominant up channel
The white channel is another one drawn between a higher low, these two channels connect at a point where I think support will be found
I have shown this support found with the bars pattern tool
Lets see if it breakdowns further.