Clearwater Paper Corp

Price is in a decisive lockout rally, tightly tracking above rising 9/20 EMAs on expanding volume, confirming Stage 2 bullish structure. Medium-term continues higher with HH/HL structure and pattern-driven urgency. Long-term remains bearish below the 200 DMA, but the current momentum and forced participation justify immediate participation. Expect optimal entries on shallow pullbacks toward the EMAs while monitoring overbought and 200 DMA resistance levels.

• ↑Launched Velora lightweight folding carton board to meet rising packaging demand.
• ↑Analysts revised EPS estimates upward; management sees path to positive free cash flow.
• ↓Net sales fell 5% to $360M as pricing pressures drove a $13M net loss.