cletibals

CELH - Monster Stock of 2020 & 2021

Long
cletibals Updated   
NASDAQ:CELH   Celsius Holdings, Inc.
1) This one held up immensely well - showing good relative strength against the market recently, and was a huge winner for many in 2020 and 2021.

2) Earnings continue to beat analyst expectations with the last quarter EPS surprise being 200%.

3) The stock has very recently reclaimed both the 50 and 200 SMA. However, its recent price action might provide an opportunity for an early entry, with price tightening last week on relatively lower volume.

4) I want to see price break out of the downward wedge on higher volume to consider an entry into CELH.
Comment:
This is starting to look like a 'low cheat' within a forming cup and handle pattern!
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