Columbia Sportswear Company
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COLM - Gap Above Trendline and Retest

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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.

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