Strong recent uptrend in Western Forest Products. Following a decent-sized correction, we are seeing the first short-term signs that the pullback may be over the next up wave is starting.
Target is based on a price rallying slightly above 2015 and recent highs, which should spark a bit of interest. Target is fairly conservative though as this stock can trade quite choppy.
Can also use ATR Stops as a trailing stop loss. When price closes below ATR line, move stop loss up to just below the low fo that day.
Target is based on a price rallying slightly above 2015 and recent highs, which should spark a bit of interest. Target is fairly conservative though as this stock can trade quite choppy.
Can also use ATR Stops as a trailing stop loss. When price closes below ATR line, move stop loss up to just below the low fo that day.
Cory Mitchell, CMT
Stock and forex trading insights at tradethatswing.com/
Stock and forex trading insights at tradethatswing.com/
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As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Cory Mitchell, CMT
Stock and forex trading insights at tradethatswing.com/
Stock and forex trading insights at tradethatswing.com/
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.