Sep. 4 at 5:58 PM
$CELH I alerted to the bearish regain last week in the supply zones above 33.3$ , on close below 33.3$ on 4 hours time frame (not a popular alert i must add!). If you carefully look at the charts the sell off at earnings came from a 29.1-30$ zone so the ideal scenario for bulls would be a retest and regain of this potential demand zone and accumulate to get through the 33.3-35$ resistance zone. Of course it does not need to follow this path and buyers may be able to hold this above 31$ but if it does occur, it will be a very healthy pattern for charts setting a strong support to accumulate and eventually take this much higher.
