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Markets US Stocks Non-Energy Minerals Forest Products WFG

West Fraser Timber Co. Ltd

WFG NYSE
WFG
West Fraser Timber Co. Ltd NYSE
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WFG forecasts

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West Fraser Timber WFG
WFG
, 1WShort
WFG: West Fraser Timber WFG

The reward to risk here to first PT is excellent at 3.98. On the weekly, this is looking quite good for a short.

long @WFG
WFG
, 1DLong
WFG: long @WFG

long @ support ~ 87USD SL 82 USD TP1 96 USD TP2 102 USD

$WFG 8 Months Base
WFG
, 1DLong
WFG: $WFG 8 Months Base

Adding $WFG to my secondary watchlist. big 8 months base (zoom out) with nice VCP pattern. Building a pivot on the right side now. *vol drying up in the pivot *My base detection indicator is on *OBV making new high before price (NHBP) = nice volume pattern

WFG share price needs to correct to match lumber price crash
WFG
, 1DShort
WFG: WFG share price needs to correct to match lumber price crash

Key points: 1. Lumber is down 68%, WFG is only down 25%. WFG rallied with lumber. Lumber will likely stabilize at or below the current price. 2. Momentum channel has been broken 3. MACD has crossed below zero and the signal line has crossed the MACD line 4. Chart colorization is a reflection of MACD crossovers 5. WFG is technically in a bear market at a greater...

Target 130....... Good Up Trend.. Technical and fundamental good
WFG
, 1WLong
WFG: Target 130....... Good Up Trend.. Technical and fundamental good

Breakout in 88.........Target 130....... Good Up Trend.. Technical and fundamental good.........

WFG - Stan Weinstien early stage two
WFG
, 1W
WFG: WFG - Stan Weinstien early stage two

Stan Weinstein wrote a classic investment book in the 1980's Basically, it's based on recognising the rotation in the market between stage 1,2 3 and 4 - instead of inserting loads of waffle about it check out this link - the7circles.uk So going by Stan’s rules in relation to this stock I get: 1. General Market shows an uptrend. 2. The present best performing...