COLB - Columbia Banking Buying opprtunityDear traders,
Id like to share this idea for buying, the price clearly in a strong support level around 20$, looking for opportunities for buying are good in my humble opinion :).
Additionally RSI is really clearly oversold and prices already went down quite hard.
best,
COLB trade ideas
COLB - Bottom Along DowntrendSimilar scenarios can be observed between each downtrend line
The first reveals the bottom however
A slight double bottom leading to further upward continuation
This I have shown on the second trend line with a bars pattern where I expect price to correct from this downtrend
Longer Investment Idea COLBThis name came up from my dowsing. I usually don't know these names, fyi.
This one pays it's dividend tomorrow, so it will likely be down, right? I think that's how these things work. So, I'm thinking to sell puts into it, and if put the shares, great! Unfortunately, no one trades options on this though, and buying shares is probably best.
I don't want to see it close under $34.64. That's a symmetry support and there's another at $34.72.
So, technically it's got that "bottomy" look going on. That's a technical term, right? (You know a bottom pattern.)
If COLB can make a steady move up to test (or overcome) the prior ATH, and you get 3% that would be bonus. I have the suggestion this can occur in the next 3-4 months. That's what I get.
The FUTURE High / Low price swing dates for COLBThe Djinn Predictive Indicator was off on the day of the price spike. That happens. Sometimes.
I have been informed that my account is in jeopardy of being banned by the platform. I received the message today.
The most technologically advanced indicator in the history of trading banned from the platform.
How could I have thought otherwise.