Weyerhaeuser CompanyShort
WY - LUMBERRR, is it going down?
The company is in the Industrial Goods | Lumber, Wood Production industry
The stock main trend currently consolidating and a big downward trend.
break of the 25 price support line will confirm the stock direction continuing down
Senario: entrance at 24.9, first traget at 24.05 at 50% trade.
further more, we can see global slowdown at wood shipments wich alart low demand.
Good luck!
The stock main trend currently consolidating and a big downward trend.
break of the 25 price support line will confirm the stock direction continuing down
Senario: entrance at 24.9, first traget at 24.05 at 50% trade.
further more, we can see global slowdown at wood shipments wich alart low demand.
Good luck!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.