People are likely wondering what is the cause of $CELH not going above the $39 level but if we switch to the weekly chart we can see clearly.
The price action is exactly at the intersection point of the 50 and 200 WMA at $39.20
It may take a few more sessions to get above this level but the impulse wave continues to look good up to $46 for Wave 3 and $59 for Wave 5.
Scott Williams
2025-04-25 20:50:13 +0000 UTCNick E
2025-04-25 19:10:57 +0000 UTC