$CELH - Earnings just out -
Added 2024-05-07 11:56:04 +0000 UTCEarnings have just came out and it has initially dropped -10% after missing considerably on Revenue but beat on EPS.
No surprises for us however, just like $DIS, we expected more of a decline to complete Wave A too which still sits on the 0.38 Fib and the 200 Day MA, making this a strong confluence level.
$CELH is a popular stock online and from our members, if it suits you to catch Wave B at this confluence level, by all means go for it but be disciplined and consider that we still expect Wave C to come in next.
I think getting $CELH at $50 would be very attractive and difficult to ignore.
Comments
New highs in sight
Byron Tanigawa
2024-05-22 07:17:07 +0000 UTCTo provide a contrarian perspective this too looks like it’s just starting wave 5 up. Will post chart in the chat
Byron Tanigawa
2024-05-08 03:30:58 +0000 UTC
