$CELH
Added 2024-06-25 11:31:37 +0000 UTCWe were skeptical of the $CELH bounce a few days ago and we can see that the price action rejected so far trying to get back above the 0.38 Fib at $62.
In spite of BNP giving a PT of $87 yesterday too.
Truist Securities alerted today that they have initiated a Hold at $60.....so mixed reports here.
There are no changes to the chart here and we maintain that we will likely see $50 before any reversal to the upside.....I think at $50, this could bring many buyers back to $CELH, as they feel it would be on sale at this price.
Comments
your spot on! thanks!
JessyyRabbit
2024-06-25 18:11:16 +0000 UTC$50 def is very interesting spot with way too much confluence of things hence could get many eyes watching the level. Definitely interested to buy near $50
laksh_me
2024-06-25 16:37:40 +0000 UTCIncredible call. CELH puked down about 3hrs after this post.
Nick E
2024-06-25 16:05:23 +0000 UTC
