TraderBwater

Near a short-term top

Short
TraderBwater Updated   
NASDAQ:CELH   Celsius Holdings, Inc.
CELH gapped up today and is close to a short-term top to correct the rally from January 2024. It can go a bit higher max up to 108.22. The gap up in the last wave could be an exhaustive gap. With RSI divergence in this final wave, we could be near the top. Watch it closely in 30-min time frame and if it breaks below today's low, it's a sign that the top is in.
Comment:
correction ended.
Trade closed: target reached

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