Mar. 6 at 8:31 AM
$CELH CHART DOESN'T LIE
Called the
$43 gap fill and here we are. Price action playing out exactly as expected.
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Current setup:
✅ Upward gap at
$36.41 filled weeks ago
✅
$43.09 gap now officially filled
✅ Consolidating in symmetrical triangle since Feb
✅ Volume collapsing: 4.2M today vs 8.7M avg
The line in the sand: Lower trendline at
$41.80
Hold here? Triangle plays out and we break
$48 .
Break below? Next stop is volume gap at
$38.62 then retest
$36 .
Earnings Feb 25:
$0.24 EPS (beat
$0.18) | Revenue
$442.2M (+18% YoY) . International sales now 28% of total . Gross margins 51.4% . Pepsi distribution kicking in.
Volume says consolidation. Price says decision time.
Watch
$41.80 like a hawk. Bulls defend here or we go fishing at
$36.
