Celcius: Swing Trade Idea 3+ Months TF

5 天前

Celcius
Greetings Everyone,

I believe this is a good ticker to have on your watchlist. It has shown massive moves both to the upside and to the downside. I would like for this company to showcase increase revenue growth & stability in its marketplace.

Price has been on a massive descent however this does not mean we should be buying it.

We will not bottom fish! we will add to winners and cut losers asap.

To paraphrase William O Neil the worse mistake an investor can make is to buy the dip on a stock that keeps dipping, soon you will run out of money.

Trade Ideas 💡
- I would like the price work itself out right now potentially building an accumulation zone / box.
- Stronger S&R levels.
- I would also like to see change in volume (volume spikes)
- We need to make sure someone big is showing interest and we can follow their footsteps.
- Trading Strategies reversal patterns inverse head and shoulders / Bullish Engulfisj at major levels.

To summarize:
I will be paying closer attention during earnings season to see if anything changes in price and structure.

Thanks,
C Lemard