Celcius (CELH): Speculative Buy with some Fundamentals
Fundamentals:
I noticed that I kept buying an energy drink called Celcius. Lo and behold it was also a stock. It made me think of Coca-Cola for some odd reason. One day while buying this drink, there was an elderly gentleman that bought it too. I asked him, "Why not Coca-Cola?" He mentioned that he preferred this drink because it was a healthier choice and would not cause his sugar to rise in the morning. So, I dug more into this company and balance sheet. Although there are some things unavailable for now that I would like to see, what is available and visible is its booming sales and earnings. Funds are gradually adding this stock to their portfolios even though they are not my favorite funds. This company has cash and a 149% ROE.
Technicals:
Daily:
uHd
Some slight histogram divergence
ExDiv2
Weekly:
No divergence with HHHL
pb to weekly support in confluence with 50% fib
Entry: 72ish
Target: 140
I noticed that I kept buying an energy drink called Celcius. Lo and behold it was also a stock. It made me think of Coca-Cola for some odd reason. One day while buying this drink, there was an elderly gentleman that bought it too. I asked him, "Why not Coca-Cola?" He mentioned that he preferred this drink because it was a healthier choice and would not cause his sugar to rise in the morning. So, I dug more into this company and balance sheet. Although there are some things unavailable for now that I would like to see, what is available and visible is its booming sales and earnings. Funds are gradually adding this stock to their portfolios even though they are not my favorite funds. This company has cash and a 149% ROE.
Technicals:
Daily:
uHd
Some slight histogram divergence
ExDiv2
Weekly:
pb to weekly support in confluence with 50% fib
Entry: 72ish
Target: 140
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