Jun. 17 at 9:59 PM
$CELH — Celsius Holdings — is down 51% from its highs near
$67, sitting at
$30.55 after holding a hard bottom at
$27.47. But here's the part that matters: the volume just exploded. 13.6 MILLION shares traded today versus a 6.7M average. That's not a coincidence — that's accumulation.
Here's the story: Celsius is one of the fastest-growing energy drink brands in America. Pepsi distribution. Expanding shelf space everywhere. Market share climbing. The stock got cut in half on growth fears, but the brand never slowed down. Price disconnected from reality — and that's the opportunity.
The Setup
CELH bottomed at
$27.47 and is now turning higher on that massive volume surge. The rounding base is forming, the RSI has tons of room to recover, and the moving averages tell the whole story: 200 MA at
$40.72, 150 MA at
$45.07 — both far above current price. That's the runway. How a stock reacts at a hard bottom on exploding volume tells you everything about whether the big money is stepping in. The answer here is loud and clear.
There may be one final shakeout before the real move begins — but the stop is locked in at
$27.45, right below the bottom. Risk defined.
The Path Higher
Clear gates on the way up:
First gate:
$37.45 — decisive close above confirms the move.
Second gate:
$40.72 (200 MA) — reclaim flips the trend.
Third gate:
$45.07 (150 MA) — the last wall.
Final target:
$50.80 — the destination.
👀 Watch
$37.45 — that's your trigger.
Target:
$50.80
Stop:
$27.45
R:R: 6.53:1
One of the best setups on the board right now.
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