Charts of pulp producers - I bought CFX.UN today, replacing the MERC I sold yesterday. The charts are interesting right now. MERC and TMB.to have done almost the same thing over the past few months, pulling back to and bouncing from the 200 day ema, rising above the 20 and 50 day emas, and this week pulling back to the 20 and 50 day emas and the middle Bollinger band, all three of which are about the same place, with the emas all rising.
But CFX.UN.to has had a very different pattern, remaining much stronger over recent months, and then weakening recently. It is only now getting close to the 200 day ema for the first time, and is well under the declining 20 and 50 day emas. It looks much weaker than MERC and TMB, despite what look like better results and better prospects.