Find Out: A Key Level of Support Was Just Broken in Domtar (UFS)

Shares of Domtar Corp. (UFS) have been trading in a sideways trading range.  It looks like today is the day the range will be broken…

Domtar Corp. (UFS) makes and sells a variety of fiber-based products in two segments: pulp and paper and personal care. The company should benefit from strong demand in softwood and fluff pulp and its personal care unit is poised to benefit from productivity gains and new customers.

Take a look at the 1-year chart of UFS below with added notations…

See chart and continue reading at STOCKNEWS.com