$CELH
Added 2024-06-20 11:37:05 +0000 UTCI don't think I would be getting excited about $CELH until the 200 Day MA is flipped to support, it is currently sitting at $65.92.
A retest of the 200 Day MA from below is always nice to see, first it will tell us a lot.....if it rejects here trying to get back above this level, then we know its going lower next....to the 0.5 Fib at $50 next....if it can flip this level to support again, then it is reasonable to believe that the ABC correction is complete and it can move higher next.
Until then, there is no action to be taken here.
Comments
Looks like it bounced off the 200 in first retest.
Nick E
2024-06-20 19:43:03 +0000 UTCOne of the OG's.
Gareth Neary
2024-06-20 11:42:05 +0000 UTCExactly my thought process. Thank you, learned a lot from you🙏🏻🙏🏻🙏🏻
Vojtěch Šimeček
2024-06-20 11:39:02 +0000 UTC
