COLM - Gap Above Trendline and Retest

Columbia sportsware jumped in December and then reset by coming back down to earth. Look at the candle that formed today. Right when it hit the other side of the trendline it bounced hard. That’s not enough for me to buy, but I will keep this on the watch list for a bullish engulfing candle on the weekly timeframe.

If you found this to be insightful or helpful, please show appreciation by hitting that like button. If you want more ideas I invite you to follow as well! I try to be here for all of my followers with any questions they might have. Feel free to shoot me a DM or comment below to start a conversation!

Komentar:

not yet