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NEWS: Lumber consolidates the declines above and below the 200 day MA June 23, 2021 at 04:29PM


The price of lumber finding some support buying near the 200 day MA today.
The price of lumber reached a peak at $1733.50 back in May. Since that time the price has moved sharply lower to a low last week of around $813. That was just below the 61.8% retracement of the move up from the April 2020

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