His fundamental analyst likes this as well. The stock is consolidating and is poised to breakout to the upside again. The 20 year chart demonstrates an uptrend since late 2002.

He likes this chart. The up trend since early 2019 has been followed by a brief consolidation. A retest of $200 resistance would likely project back towards $220 or higher.

He is now seeing a down trend forming. He expects further downside to come. If it breaks above $45 the trend is bullish again. But he is concerned of the recent heavy trading volume with the pullback. He would look elsewhere.

The stock is forming a longer term base. If you can break out above recent resistance around $50 before he would get excited.

He likes it at this level. The longer term downtrend appears to have been broken and the stock is near the 200 day moving average. He likes the risk-reward at this level and the healthy yield, but would limit downside risk to levels just above $24. Yield 7.0%

He was recommending lumber in early 2019 as a good commodity to invest. Over the last week there is volume coming back in and if it can trade back above $65-$70 he would be back in. There is good value here, but he would wait for the breakout. Yield 1.3%

The market in general has gone up and this have been moving down. He would need to see a move above $60 before he gets interested. He would look elsewhere.