Sure don't . It was a driveway pickup from a lady who advertised some she had dug up.Does not look like the damage has gone down to the cambium and wood under the bark in which case there's no need to seal. New bark developing from the cambium underneath will slowly return it to normal.
Do you know what happened to this one? Some sort of pest having a snack?
Also what species of Cotoneaster is it? Bark looks very familiar but the leaves look a little different from the species I have here.
It's hard for me to refer to shrubs as "trees."
I will watch with interest to see how you manage cascade with that branch. I can see it is heading in the right direction but I think the long straight section and lack of taper may make it hard to produce a good cascade. If it works out that will be great. If it doesn't it can be removed then.
I know what you mean. I usually often use the term as an alternative to 'bonsai'
Very few species are overly inclined to taper. Good taper is induced by judicious pruning and growing cycles. Hoping any tree (or shrub) will develop taper is not usually the best strategy.It, like many cotoneasters doesn't seem overly inclined to ...... TAPER !!!!