CELH is looking way oversold on Weekly. It's down from $99 to around $30. The slide is pretty dramatic and the red weeks keep filing in. That being said, looking at the MACD cross-over, we will undoubtedly see some upside in the coming weeks. I'm just waiting for the buy signal to be posted. I am expecting a bit more downside to the $24-$26 area. Looks juicy.
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.