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Best to have someone look at it. What you are seeing is the after affect you need to find out what's wrong first. It could be bugs, could be animals, it could be pathogens of either fungal or bacterial origins, or it could be environmental stressors chemicals. It could be a lot of things.

It is sap/pitch coming out of some type of wound as said above. When damaged the tree will pump the stuff out to try and seal the damage. Hard to tell what caused the damage without looking at it in person.