Celsius Holdings Inc. (CELH) approaching significant support, able to absorb weekly selling pressures.
From here, (CELH) presents a bottom picking opportunity where a push to channel resistance is anticipated over the following 1 - 2 months, eliciting gains of 20% - 30%.
Inversely, a weekly settlement below support would allow bearish continuation over the following 1 - 2 months, where losses of 20% would be expected.
From here, (CELH) presents a bottom picking opportunity where a push to channel resistance is anticipated over the following 1 - 2 months, eliciting gains of 20% - 30%.
Inversely, a weekly settlement below support would allow bearish continuation over the following 1 - 2 months, where losses of 20% would be expected.
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