$CELH has struggled on the blue line now and is dipping lower to a lower low to end the week
We have got to expect that the 0.78 Fib is in play here next at $22.
$CELH did not need that miss on earnings, it was like adding fuel to a fire unfortunately
I suspect the market will need to see firm support and consolidation to the next earnings before buyers come back here.
Nick E
2024-11-16 11:50:30 +0000 UTC