CELH Swing Trade Prep

6 Eki

CELH is looking way oversold on Weekly. It's down from $99 to around $30. The slide is pretty dramatic and the red weeks keep filing in. That being said, looking at the MACD cross-over, we will undoubtedly see some upside in the coming weeks. I'm just waiting for the buy signal to be posted. I am expecting a bit more downside to the $24-$26 area. Looks juicy.

NOT Trading advice.