Western Forest Products Inc T.WEF

Alternate Symbol(s): WFSTF

Forest Products Lumber & Wood Production

Western Forest Products Inc. is a Canada-based integrated forest products company building a margin-focused log and lumber business to compete in global softwood markets. The Company’s primary business is the sale of lumber and logs, which includes timber harvesting, sawmilling logs into specialty lumber, value-added lumber and glulam remanufacturing, and wholesaling purchased lumber. It has a lumber capacity of approximately 885 million board feet from six sawmills, as well as operates four remanufacturing facilities and two glulam manufacturing facilities. The Company's product categories include outdoor living, exterior appearance, LIFESTYLE CEDAR, interior living, structural, industrial and WFP engineered products. Its outdoor living products include decking, timbers and fencing products. Its LIFESTYLE CEDAR products include LIFESTYLE CEDAR Decking and LIFESTYLE CEDAR Fencing. Its WFP Engineered Products include curved and arched glulams, straight glulams, and fabricated trusses.

TSX:WEF - Post by User

Western Forest Products Inc

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Post by phoenix_traderon Nov 30, 2021 9:10pm

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Post# 34183137

The charts say tonight: US side

WFSTF

WESTERN FOREST

Last Signal:STAY IN CASH

Last Pattern:BULLISH THREE GAP DOWNS

Last Close:

1.3211

Change:

-0.0589

Percent change

-4.27%

Signal Update

Our system’s recommendation today is to STAY IN CASH. The previous SELL signal was issued on 11/26/2021, 4 days ago, when the stock price was 1.4226. Since then WFSTF has fallen by -7.13%.

Market Outlook

The market is finally giving hints of a bullish resurgence. Today a bullish pattern is detected.

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