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COLUMBIA SPORTSWEAR
(COLM-Nasdaq):
Technical Viewpoint: From a low
of $32.25 on Apr 1, 2002 prices
rallied, reaching a
high of $38.53
on Apr 19, 2002. A
decline saw prices pull back, reaching a
low of
$34.80 on Apr 29, 2002.
Another rally saw prices penetrate
resistance, closing 5/7/02
at $39.88. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Mar 6, 2002 when the Histogram crossed the "0" line to the upside.
Support: Remains at $35.50. Resistance: Is at $40.47.
Point & Figure: Reversed to the upside on May 1, 2002. A P&F upside
reversal takes place at $38.50. Summary: Technical indicators have turned bullish. BUY! COLUMBIA SPORTSWEAR
(COLM-Nasdaq) @ $40.13 Stop: Use a protective stop of $37.63.
COLUMBIA SPORTSWEAR is currently trading @ $39.88 plus $1.55 on May 7, 2002. Price Objective:
$56.00. Risk/Reward: $2.50 VS. $15.88. Today's Risk Reward Ratio: 6:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$56.00
Risk/Reward:
$2.50 VS. $15.88
Risk/Reward Ratio:
6:1
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