$CELH held the large 0.65 Fib on the 200 WMA and bounced, now it is giving a pull back and this is the important part: making a higher low, this is where the Bulls need to step in
I have added in the small green 0.618 Fib at $38.64 for guidance
Price needs to hold at or above this level to show that this is the start of a new impulse wave....losing this level and its back down to its 52 Week low again for a test at $36.17
ARPedro
2024-08-21 13:06:30 +0000 UTC