$CELH
Added 2024-10-22 17:34:24 +0000 UTCThere are no changes to this Inverse Head and Shoulders pattern
The price action hit exactly in the centre of the right shoulder and on the 0.618 Fib today and has so far held
Price needs to hold above this level now and it can start making its way back up to the $35 level next.
The 50 Day MA is now in the way at $34.90 so if this moving average can be cleared then the bulls are in a good position to tackle the $35 level and this time break above it
This all appears to be happening as we lead into their earnings report around the 7th of Nov, it is not confirmed yet.
Comments
Any update here? Still all the same?
Lars Henning
2024-10-28 15:55:17 +0000 UTC
