$CELH back in the channelAttempted to break out of the channel but was rejected and with today's slight pullback trading back in the channel with indicators showing momentum possibly turning over.
CELH trade ideas
CELH with a nice retracement to the GOLDEN ZONECELH is entering a bullish retracement for a great buy-on discount. This should make a run for ATH. Good Luck. I hope this helps you make some money!
trendlines dont lie 📈recent 2021 resistance is trying to act as support at the moment on $CELH we saw a similar pattern on PFE recently and then a all time high test shortly after.
lots of trendline and RSI support also coming into play, great risk reward in this setup!
like and follow for more ! 💘
CELHBeen waiting for the opportunity to jump back into $CELH, doesn’t get easier than this. Off support in a multi month upward channel!
CELH - Ready to move?CELH looks like it could pop here, in my opinion. I'm looking for 113 as a first target and then maybe 120?
The weekly chart especially shows some nice consolidation the past 6 weeks...
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 - 10.19.20211 month consolidation at all-time highs and just below $100 psyche level.
CELH stock has been on solid uptrend of late giving it good momentum to break 100 strong.
Increasing sales gives it good fundamental momentum into ER date mid November.
Breakout area is your entry, mange ATH breakout with 65min, 15min charts depending on your risk level and trading strategies.
$110 first target near-term.
$CELH Showing Relative Strength$CELH starting to impress me here with its resiliency.
Continues to correct in time right under that $100 round number and waiting for its 50 MA to catch up.
She's getting added to my watchlist. Promising setup. #TAPLOTWL
Looking for a pull backlet see how this plays out. not got a position but should the cycle fail, a retrace to around the 0.618 - 0.786 fib might have me short the thing before i build a long position around the lows.
CELH is approaching the end of the channel (UPDATE)As an update, CELH is still in the ascending channel which started around the last earnings report.
The last 3 similar rallies have lasted 45, 32, and 17 trading days respectfully so this one is still completely normal in length.
Rallies 1 and 3 corrected to the 33 daily moving average while rally 2 corrected to the 165 dma; importantly, all 3 peaked at the top of their channels with high RSI.
A risky, but much more lucrative trade would be to purchase puts the next time CELH hits the channel top (and RSI hits the top of descending wedge pattern); however, a more reasonable trade is to wait until the channel bottom is broken.
In my opinion, the price will probably continue upward for a couple of more days, hit the 105 area and then deeply correct downward to at least the 33 dma (then around $85).
My trading strategy is to wait until the top of the channel and purchase $70 puts expiring on October 15th, definitely higher risk, but the payout if/when the price returns the 33 dma is around 2,000-3,000% profit.
Celsius has the potential to correct deeply.The last 3 times CELH has beat earnings forecasts, it rallies extremely high. At the end of 2020, it increased over 200%, this Summer it increased nearly 100%, and it looks like this time around it will increase nearly 50%.
Each time it seems to follow a simple channel as it peaks, subsequently correcting down to the 33 DMA. The stock managed to spike 34% and 39% above the DMA during the last 2 rallies, the 2 boxes (blue and red) represent what a repeat of those 2 peaks would look like, but aligning with the channel it is in, it looks like the price should top in the red circle.
There is some major RSI and volume bearish divergence taking place as well over the span of months.
The PE ratio is about 700 right now and no analysis could justify this valuation. If the price continues on this channel for a few more days and approaches $105 I'll be purchasing $85 puts for OCT15.
Be careful with this one if anyone is planning on doing the same, from what I've seen many traders end up losing money on CELH because it tends to rally further than most expect.
The Gift That Keeps On GivingI love this company from the top on down; the drinks are AMAZING the cash is beautiful and they are truly ready to explode on an international scale. I've yet to see any stores keep their stock of the drinks longer than 24 hours and their specialty flavors are on backorder online... This will be a wonderful trade in the future. I have been scaling into Celsius since $14, again at $44, and will hopefully get another opportunity to buy here soon. In 10 years we will look back and understand what this monster is capable of.
$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 9/12/2021Celsius Holdings, Inc. (CELH)
Sector: Consumer Non-Durables (Beverage)
Current Price: $91.45
Breakout price trigger: $90.00 (hold above)
Dip Buy levels: $88.80, $82.30, $79.80
Price Target: $98.00-$100.00 (1st), $117.80-$118.20(2nd)
Estimated Duration to Target: 13-15 days (1st), 105-115 days (2nd)
Contract of Interest: $CELH 1/22/22 100c
Trade price as of publish date: $12.55/cnt
TrendyTrades: CELH bullish analysisHolding a key fib level for multiple days with indecision on price. Testing the means for a bounce up and possibly break out of channel.
CELH offering was a keyBig sell off on not that big offering . Took 75% profit on calls , holding July calls , may buy aug if it dips a bit . 60 level would be golden opportunity
$73 Resistance, $66 SupportRight now is a consolidation phase. I wouldn't buy any options right now until a direction is confirmed. It could be a few weeks before CELH breaks out of the current pennant. Given the current volume and MACD action, it is more than likely going to trend a little lower before making an attempt to breakout. Breaking out of the current trend could signal a test of the BBand of $75. Falling out of the pennant could mark a test of long term support around $60.
$CELH selloff overdone on mostly non-pertinent newsAnnounced a stock issuance that only dilutes by 1.5%. Triangle is narrowing quickly and I predict a quick breakout back up. Buying 1-2 month calls tomorrow if the narrowing continues
Long $CELH. Price target 87Double bottom break on daily will take the price to 87. Opened a long position with stocks in addition to my swing trading calls!
Chart symmetry is an integral part of Technical Analysis!
