Get started
FriscoTrades

$CELH Short Idea

Short
Celsius Holdings, Inc. (NASDAQ:CELH)  
FriscoTrades Updated   
NASDAQ:CELH   Celsius Holdings, Inc.
Parallel Channel short CELH celsius puts tradethechannel candlestickpattern
1
1
parallelchannel short celh celsius puts tradethechannel candlestickpattern
Took profits on my longs and flipped short (10/15 $85 Put) on Celsius .

Appears to be a top channel rejection with a pretty bearish engulfing candle. Small volume pocket below bears and profit taking could easily push this to $79. Bearish confluence on indicators as well.

Just praying reddit doesn't mention the ticker and it pumps to $500 : )

Comment:
Need to see some selling pressure tomorrow or will exit the trade at a loss.

Impressive strength !
Disclaimer

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.