PotlatchDeltic (PCH) is scheduled to report its fourth-quarter results after the close of trading here on Monday. Let's check out the charts and indicators of the REIT that owns 1.8 million acres of timberland across the U.S. and see if the wood is straight and ready to build from here.
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There are plenty of stocks that look like value plays but aren't as the market continues to drag more share prices down.
We suspect any bounce would likely be one within an ongoing correction.
Selling by skilled traders who are reading the technical signs and are trying to cut their losses could propel stocks even lower.