CELH over saturated market. I don’t see people drinking this shit at the gym; C4s, Ghosts, RedBull, Monsters, Alani’s, etc. I don’t see people rocking Celcius merch, no Celcius stickers on cars, no Celcius hats, list goes on. $10 stock, only retail hype keeping it semi awake. Fucking weirdos obsessed because they bought it at $50+.
CELH tapped the 200 sma on the weekly, still bullish divergence on the weekly too. I've also never seen an RSI divergence be so flat on a chart ever (monthly). If CELH can maintain support here at the sma we are likely to see a bounce soon, if not, we will likely be testing the '22 lows.
CELH company so desperate they had to release earnings a week early out of the blue to jolt share price up lmao
