SamSuka
The Long Investor
The Long Investor

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$CELH

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.

$CELH

Comments

Sold some TSLA to buy back into CELH. I like their long-term plan specially with Alani.

Scott Williams

Thanks Cap, I was wondering the resistance. It was like Holdor during the pull-back, but since the relief it’s not rallied as I’d hoped. Really bounced off the $39 hard.

Nick E


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