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TSE:RFP
Forest products and home builders have done quite well over the last little bit. We are in the seasonal period for forest products and home building until the beginning of February. Charts looks positive. There is no resistance, the next level of resistance is around $20 or so. This is more of a momentum play at this point. From a seasonal perspective, he would look at getting out in early February unless it falls apart in between. Right now, we have strong technical profile, rising and no resistance, and also we’re in the seasonal period for it.
Resolute Forest Products is a Canadian stock, trading under the symbol RFP.TO (previously RFP-T on Stockchase) on the Toronto Stock Exchange (RFP-CT). It is usually referred to as TSX:RFP or RFP.TO
In the last year, no analyst issued a Buy, Sell, or Hold rating on RFP.TO (previously RFP-T on Stockchase) on Stockchase. Read the latest expert commentary for Resolute Forest Products.
Resolute Forest Products was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Resolute Forest Products.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Resolute Forest Products.
Resolute Forest Products is followed by 11 investors on Stockchase and is a trending stock that is worth watching.
On 2023-02-16, Resolute Forest Products (RFP.TO) stock closed at a price of $29.29.