CELH have defied the gravity by continuing to break its 52 weeks high (closing at $41.31), as global market indices traded lower as new coronavirus strain in U.K. weights on investor sentiment.
As CELH have earlier broken out of its Symmetrical Triangle consolidation pattern, along with a breakout of its short term Bullish Flag more than two weeks ago, ATR-14 of CELH continues to tread higher at $2.50. The last time CELH witnessed such a price volatility was on 26th November 2007, some 13 years ago.
CELH all time high of $73.40 was traded in Feb 2007.