Technical Analysis West Coast Paper Mills Ltd.

The stock

has been in a clear downtrend since its peak near the 575 level in mid-2025. It spent several months making consistent lower highs and lower lows. In early 2026 the heavy selling pressure appears to have paused. The price is attempting to build a base and is currently showing short-term bullish momentum trading higher at 440.95. Immediate resistance 450 - 460 the stock is currently testing a minor resistance zone formed by recent swing highs. Breaking and closing strongly above this 450-460 area is the first step needed to break the downtrend structure. Major support 375 - 400 the price has successfully bounced off this lower zone multiple times recently. This indicates strong buying interest at lower levels forming a solid floor and potentially a double-bottom pattern. The stock is currently in a transitional phase. It has defended its bottom support well and is pushing upward but it is not completely out of the woods yet. It needs to decisively cross the 450-460 resistance zone with strong volume to signal a true trend reversal. Until that breakout happens it remains in a consolidation range. Technical analysis is based on historical patterns and does not guarantee future results. Always use a Stop-Loss to manage your risk.