Bixley

COLB - Bottom Along Downtrend

NASDAQ:COLB   Columbia Banking System, Inc.
Similar 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

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.