CELH looks vulnerable here after a series of lower highs. Let's see if it breaks that support.
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Nice bounce right at support, but today's candle is not ideal.Note
Another lower high. This one will be really interesting to watch in the coming weekNote
There's the break of support. Next test will likely be the 200DMA at ~47.28. Note - the way I'm looking to play this is out of the money calls on a dip. CELH has large short interest, so this can get squeezed in a hurry. Stay nimble if you are playing it short.
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CELH is still hanging in there. Another nice bounce off support.Note
The drama is killing me here. Really not a good day for CELH given the many stocks that rallied following the FOMC. I'm now more confident it will eventually break lower. Or, was that bounce of the 200 day on 12/12 just a bear trap? :) Note
Was today's down day on good volume finally the break. I think it very well could be. 
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.