Holding now at the confluence level above the 200 WMA and the 0.618 fib at $38.
if $CELH can bounce from here then we can say that Wave C is complete and there is a reversal on here.
I would like to see some consolidation first and a series of higher highs and higher lows next to show that there is strength and this will encourage buyers back in again.
In terms of R v R, reward is favourable here.