$CELH
Added 2024-11-05 18:45:50 +0000 UTC$CELH reports before the market opens tomorrow....which will probably not be a bad day to report as the market focuses a lot of its attention on the election.
Price action has managed to hold on the 0.78 Fib during this pull back so the market is giving this a chance to redeem itself with a strong report.
I think a positive report can get $CELH moving in the right direction and recapturing the 50 Day MA just slightly above at $32.91 would be a good start.....as this was a resistance level around the 16th of October
Above the 50 Day MA and the move is up to the 0.65 Fib at $35.62....flipping this level to support will mean a reversal is on....so there will be plenty of time here to get in after the report I believe.
The risk here is a drop down to the blue line at $26 or the 0.78 Amber Fib level at $22.
