CLBK Columbia Financial Approaching Short Zone With Decent R/RDecent reward/risk to first PT (3.02). Classic short setup. I would not front run this zone. Patience is important with this type of r/r.
CLBK trade ideas
ENDING DIAGONAL - COLUMBIA - Columbia create an Ending Diagonal Pattern.
The activation is down of wave 4 (yellow).
This Ending Diagonal is wave 5.
Long On CLBKThe long term trend is bullish
I joust bought the break out of the bollinger band also the break out of the last high
Columbia Financial, Inc. Announces Fourth Stock Repurchase ProgrCLBK: Columbia Financial, Inc.
2021-12-06 08:01:00
Columbia Financial, Inc. Announces Fourth Stock Repurchase Program
CLBK looking to go higher?* Great earnings quarter over quarter
* Relatively new
* Breaking out of IPO base
* General up trend
* Breaking out of a cup and handle forming since April 2021
* High Relative Strength of 1.46 relative to the Financial sector
* Braking out with 56.83% more volume than average
Note:
* This has the potential to go much higher than the indicated target but it's always better to take some profit early on given the market conditions.
