Double Inside CELH BreakoutCelsius Holdings, the market-leading energy drink company, looks poised to emerge from a double inside day setup. The stock traded inside Tuesday's range on Wednesday and Friday and remains inside this tight area. A breakout above 55.25 would be the trigger to buy with a low-risk stop loss at 52.10 (5.6% risk). This breakout would coincide with a move through CELH's 50-day moving average (red line on chart)/
The dashed line on the chart shows additional support near the $51 level if traders wish to give the trade a little more room. This was resistance for most of the Summer and then aced as support during the pullback in October.
CELH
CELH Celsius Holdings Options Ahead of EarningsAnalyzing the options chain and the chart patterns of CELH Celsius Holdings prior to the earnings report this week,
I would consider purchasing the 180usd strike price Calls with
an expiration date of 2023-11-17,
for a premium of approximately $10.55.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
CELH | Informative | Fundamental and Technical AnalysisNASDAQ: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 event of a decline, I expect CELH to find support at the HKEX:90 and HKEX:75 price levels.
Fundamental Analysis:
CEHL, or Celsius Holdings, Inc., is a leading global wellness company that manufactures and markets a diverse portfolio of functional beverages. The company's flagship product, Celsius, is a fitness drink that provides energy and boosts metabolism. The company has experienced strong growth in recent years due to increased demand for health and wellness products. CELH has also made strategic acquisitions to expand its product portfolio and geographic reach. Despite the pandemic, CELH has reported strong financial results, Celsius Holdings' revenue for the twelve months ending December 31, 2022, was $0.654B, a 107.97% increase year-over-year. Celsius Holdings' annual revenue for 2022 was $0.654B, a 107.97% increase from 2021. Celsius Holdings' annual revenue for 2021 was $0.314B, a 140.41% increase from 2020. The company's strong fundamentals and growth potential make it an attractive investment opportunity.
Long Trade in CELHThe 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 long-term uptrend on heavy buying volume. And after three inside days, it pushed to new highs on Friday.
CELH reports earnings Tuesday after the close. All signs point to them beating expectations, but I still wouldn’t risk the farm on it. I would prefer to buy Wednesday morning on a small gap higher.
7/17/22 CELHCelsius Holdings, Inc. ( NASDAQ:CELH )
Sector: Consumer Non-Durables (Beverages: Non-Alcoholic)
Market Capitalization: $6.095B
Current Price: $80.87
Breakout price: $83.00
Buy Zone (Top/Bottom Range): $74.90-$67.00
Price Target: $89.10-$91.60 (1st), $121.00-$124.10 (2nd)
Estimated Duration to Target: 57-60d (1st), 180-189d (2nd)
Contract of Interest: $CELH 9/16/22 85c, $CELH 1/20/23 100c
Trade price as of publish date: $9.60/contract, $11.30/contract
Celsius (CELH) ain't Red Bull but...it's BULLish!Celsius (CELH) ain't Red Bull but...it's BULLish!
Patten Identified
Inverted Head & Shoulders on the daily timeframe
The daily chart displays the following information-
-9 MA is above 21 and the 50 MA!
-Price is above the 200 MA
-Increasing momentum and volume
*This is not financial advice
Drink your water,
MrALtrades00
11/7/21 CELHCelsius Holdings, Inc. ( NASDAQ:CELH )
Sector: Consumer Non-Durables (Beverages: Non-Alcoholic)
Current Price: $108.07
Breakout price trigger: $100.00 (hold above)
Buy Zone (Top/Bottom Range): $101.50-$95.40
Price Target: $117.80-$118.20 (2nd)
Estimated Duration to Target: 21-23d (2nd)
Contract of Interest: $CELH 11/19/21 115c
Trade price as of publish date: $5.50/contract
$CELH Short IdeaTook profits on my longs and flipped short (10/15 $85 Put) on Celsius .
Appears to be a top channel rejection with a pretty bearish engulfing candle. Small volume pocket below bears and profit taking could easily push this to $79. Bearish confluence on indicators as well.
Just praying reddit doesn't mention the ticker and it pumps to $500 : )
CELH Next Monster Bev? 11 minutes ago
Celsius Holdings , Inc. is engaged in the development, marketing, sale and distribution of functional calorie-burning fitness beverages under the Celsius brand name. The Company's products are sweetened with sucralose, which is suitable for consumers whose sugar intake is restricted. The Company's Celsius brand uses ingredients and supplements, such as green tea (EGCG), ginger, calcium, chromium, B vitamins and vitamin C. The Company outsources the manufacturing process to third-party co-packers. It offers Celsius brand in various flavors, including carbonated flavors, such as orange, wild berry and cola, and non-carbonated green tea raspberry/acai, and green tea/peach mango. Its beverages are sold in 12-ounce cans. It also markets the ingredients in powdered form in individual On-The-Go packets, as well as multiple serving canisters. It sells Celsius brand across retail segments, which include supermarkets and convenience stores.
MARKET CAP: SMALL 4.7B
Float 28.2M
Shares Outstanding71.7M
Institutions Holding Shares155%
Held by Institutions53.93%
current next qtr. current yr next yr.
Sales Growth (year/est) 43.60% 34.00% 72.60% 31.50%
Beat earnings last 3 of 4 qtrs.
14 week base before breakout
Hold Gained 25.37% since buy; place stop at break-even; extended past the 10 day; Frothy at this point- 13% above the 10 day EMA . Will add to position if stock builds a new base
(Not meant for trading advice. This is for the educational purposes of myself and others, if interested)