Celsius Holdings, Inc.
לונג

CELH: I'm buying

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Man... love energy drinks more than probably anyone in this world. So naturally, CELH has been on my radar as a long term add for quite a while. But, when I saw their logo in center ring for the Paul v. Tyson fight, I knew the time had come.

All jokes aside... the chart is looking like a reversal is possible.

Why buy here?
- Monthly candlestick momentum slowing beautifully
- Basing in the 3rd test of major trends from 2020; also in demand between $25-30
- Oversold on high time frame RSIs
- Attempting a weekly bullish engulfing candle (we'll know tmrw)
- Daily/Weekly Bullish Divergence between Price and the RSI/MACD
- Daily falling wedge forming

The party will really start when the wedge is broken and $30 is reclaimed. You can count on me being there when it does.

(Not financial advice)

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