Dec. 11 at 11:33 PM
Actionable Trade Alert for
$CELH:
Market Context:
$CELH is currently trading at
$43.44, with an RSI of 63.69 indicating the stock is nearing overbought territory. The price is below both the 30-day MA of
$45.04 and the 50-day MA of
$51.85, suggesting potential resistance levels ahead. The 60-day high of
$66.74 indicates a strong upward potential if momentum builds.
Directional Bias: Despite the RSI suggesting overbought conditions, the stock remains within the range of its 60-day low of
$37.45 and high of
$66.74. A pullback towards the MA30 could provide a buying opportunity.
Trade Plan:
- Suggested Entry:
$43.00 (slightly below current close for confirmation)
- Stop Loss:
$41.00 (to limit downside risk)
- Take Profit Targets:
1.
$48.00 (11.9% gain)
2.
$53.00 (22% gain)
3.
$57.00 (31.2% gain, achieving over 17% ROI)
Monitor price action closely around the MA30 and adjust stop loss to lock in profits as targets are reached.
https://privateprofiteers.com
