Boise Cascade Company engages in manufacture of wood products and distribution of building materials in the United States and Canada. It operates through two segments, Wood Products and Building Materials Distribution. The Wood Products segment manufactures laminated veneer lumber and laminated beams used in headers and beams; I-joists for residential and...
Boise Cascade Company manufactures wood products and distributes building materials in the United States and Canada. It operates through two segments, Wood Products and Building Materials Distribution. The Wood Products segment manufactures laminated veneer lumber and laminated beams used in headers and beams; I-joists for residential and commercial flooring and...
BCC has dropped ~28.5% from it's ATH. Lumber was a hot commodity and cooled off, but looks poised to bounce back. BCC has pulled back to it's long term trendline and it's 2nd Fib retracement level. It also has support from the 150SMA which looks like support from it's previous corrections. RSI showing bullish divergence. This could be a good swing trade to the...
RV makers are in short supply of the lumber they need. Prices have gone way up. Prices may stall for awhile but remain higher than last year. We have a nice "W" base. Potential target given.
All projections are always a guess. SO process your way.
Have a good week.
From Zacks;Boise Cascade Company operates as a wood products manufacturer and building materials...
Good example of a double bottom and double top i used the weekly chart to make easy on the eyes and ignore the noise. This company is holding 99% of their stock with a float of 38mil with a strong fundamental base. very good for swing trade and quick price movement. its hard to follow whats going to happen next but wen you go to the daily chart is starting to look...
