CELH - Volatile Potential
Hi this is not financial advice nor am a financial advisor or anything alike. I’m a guy on the internet named urmomma
CELH - I think has some potential for a 10% move. Down back to 26’s and it could test there for 24’s. Then it could hypothetically go lower to 20’s and beyond. Or it could go back over 30 and to 33, 36, and so on.
I think a major move is in the books soon.
You can see the bearish engulfing got overtaken by a bullish engulfing. Then bears took control of it this week again, although they are losing momentum. The big trend line right under us dates back years. I think it could easily go below it.
Hopefully inventories stabilize with Pepsi so they go back to ordering more and thus giving us more revenue
Again not financial advice
CELH - I think has some potential for a 10% move. Down back to 26’s and it could test there for 24’s. Then it could hypothetically go lower to 20’s and beyond. Or it could go back over 30 and to 33, 36, and so on.
I think a major move is in the books soon.
You can see the bearish engulfing got overtaken by a bullish engulfing. Then bears took control of it this week again, although they are losing momentum. The big trend line right under us dates back years. I think it could easily go below it.
Hopefully inventories stabilize with Pepsi so they go back to ordering more and thus giving us more revenue
Again not financial advice
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