I have reviewed the charts of PotlatchDeltic Corp. ( PCH) and Weyerhaeuser ( WY) so I wondered what those of West Fraser Timber ( WFG) looked like.
Let's look together at this diversified wood products company. 
In the daily bar chart of WFG, below, we can see that the shares made a new 52-week high. WFG is trading above the rising 50-day moving average line and above the rising 200-day line.
The daily On-Balance-Volume (OBV) line shows a rise from June which tells us that buyers of WFG have been more aggressive for months. The Moving Average Convergence Divergence (MACD) oscillator is bullish as it is pointed upwards above the zero line.
In this weekly Japanese candlestick chart of WFG, below, we see a bullish picture. Prices are in a longer-term uptrend above the rising 40-week moving average line.
The weekly OBV line is super strong and the MACD oscillator is bullish.
In this daily Point and Figure chart of WFG, below, we can see an upside price target of $107.
In this second Point and Figure chart of WFG, below, we used weekly close-only price data. Here the price target becomes $137.
Bottom-line strategy: Traders could go long WFG at current levels risking to $87 for now. The $107 area and then the $137 are our price targets.
