CELH has formed an Adam & Even Pattern on all time frames. Most notably on the 4HR to Daily.
Clear V shaped "A" and widening U-Shape pattern forming "EVE".
Marked two overhead resistance zones at $35(+/-) and $42-$44(+/-) with a target of 33%(+/-).
Look for a throwback to breakout neckline, more aggressive traders will set stop-losses at the bottom of the Adam and less aggressive will place a SL at the bottom of the Eve pattern.
CELH price has been supressed and down 70% from peak prices. 3 of 4 quarters have posted positive Beats on earnings, and one Miss.
Issues surrounding the supply chains with Pepsi deal. Things should be smoothed out in due time.
Buy and Hold for maximum gain or play a short term trade to flip it.
Best!
Mark
Clear V shaped "A" and widening U-Shape pattern forming "EVE".
Marked two overhead resistance zones at $35(+/-) and $42-$44(+/-) with a target of 33%(+/-).
Look for a throwback to breakout neckline, more aggressive traders will set stop-losses at the bottom of the Adam and less aggressive will place a SL at the bottom of the Eve pattern.
CELH price has been supressed and down 70% from peak prices. 3 of 4 quarters have posted positive Beats on earnings, and one Miss.
Issues surrounding the supply chains with Pepsi deal. Things should be smoothed out in due time.
Buy and Hold for maximum gain or play a short term trade to flip it.
Best!
Mark
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。