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Bullboard - Stock Discussion Forum Western Forest Products Inc WFSTF


Primary Symbol: T.WEF

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... see more

TSX:WEF - Post Discussion

Western Forest Products Inc > ,,,,,,,,,,Remarkable BASE Now ESTABLISHED............
View:
Post by Red_Deer on Apr 19, 2023 4:56am

,,,,,,,,,,Remarkable BASE Now ESTABLISHED............

VERY Interesting to NOTE that WEF has NOW MADE a VERY Tight Trading RANGE/BASE

WEF has NOW Traded Between 1.12 and 1.05 for a FULL MONTH__Since March 16th !!!

This IS a Significant and Quite RARE Trading Pattern eh 

This Basically MEANS that BOTH Buyers and Sellers HAVE AGREED that This IS a FAIR 
Share Price__And NEITHER are Particularily MOTIVATED to BUY or SELL

WHEN Will This ONE MONTH Base BE BROKEN??__WHICH WAY Will the
BREAK BE eh ?? 
Comment by Red_Deer on Apr 28, 2023 5:28am
So With SOME TRADES @ 1.03__This IS the FIRST TIME in OVER a MONTH that the 1.05  Support Level WAS TESTED So Looking Like ODDS of a BREAK DOWN in Share Price HAS INCREASED a LOT Today eh !!!! 
Comment by firstgrowth99 on Apr 30, 2023 2:24am
SO YOUR SAYING IT WILL BREAK DOW TO 50 CENTS...
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