CELH has a very bearish setup Target range is 90-110 by earnings in November. Point target is the black trajectory, 97 by 11/1/2023
NASDAQ:CELH Leader stock, with rectangle pattern with price range between 80 -119. Breakout (pivot point) ~ 119 Target ~179
NASDAQ:CELH Technical Analysis: CELH has been exhibiting a bullish price action leading up to its upcoming earnings release. Based on chart analysis, I anticipate a potential 6% upward movement in the stock price until the ER day. However, there is a possibility of forming a head and shoulder pattern post-ER, which could signal a reversal in the trend. In the...
IMO this puppy will keep running if can break over high from earnings. LONG SWING
The energy drink maker has always been a mover. The stock trends well and routinely makes 50% moves in a few weeks or months. The stock was a big leader in 2022 and actually rose more than 100% in the middle of the bear market. It has since pulled back but it is again showing a lot of strength. Shares ripped through the 200-day moving average to reclaim their...
America has fallen in love with Celsius and it's time for this stock to continue it's next leg higher.
I think we'll have a small rejection until we fall below 200MA. Based on recent lawsuit we should see a reflection in the market tomorrow.
2023 WATCHLIST A series of stocks that i will be monitoring at the beginning of 2023 Here is a new issue from the Beverages Industry. Relative Strength (IBD): 97 IPO: 2022 Sales acceleration: Jun-22: 137% Sep-22: 98% Funds acceleration: Jun-22: 414 Sep-22: 484
Similarly in the same industry, $CELH is setting up a potential pullback buy IN the base after it failed its breakout attempt few days earlier.
Cup and handle clearly forming, developing to a breakout above 100. Next stop 120-135.
Celh has performed well during the bear market, the perfect set up seems very plausible. 1st buying point at $87 where break out the trend line. 2nd buying point at $100 if there is support after price correction. Sushi's analysis
{Cup and handle} for 14 Weeks of absorption with decreased volume.. HOLD !!
Celsius holdings looks like its in for a big dip, given the extremely poor earnings report. Might be time to enter shorts.
$CELH got rejected today at its down sloping 50 MA and previous broken support. Sink or Swim time for $CELH and frankly the entire market with FED center stage. Many stocks "parked" at critical inflection points ready to make moves in either direction.
Bearish Rising Wedge Expect a downfall to the trendline in light grey Double top can also be observed on the top green line
CELH has formed a nice 3 touch trendline as it continues to consolidate near highs. This could offer a low risk entry if we can push over this tomorrow
$CELH one of these potential market leaders for the next bull market need to punch through that $110 level to get some short seller panicking. Potential Head and Shoulders top failure. Remember my post on $WOLF ? we close above that right shoulder on that pattern today.