$CELH
Added 2024-12-31 11:46:54 +0000 UTCPrice continues to be under pressure as it tests the blue support line again this week and continues to reject below the 50 Day MA.
If this blue line is lost then the 0.78 Fib is next to be tested at $22.90 and below this is the final support level at $12.60
As soon as $CELH was starting to find its feet, the market had another idea and turned sour and $CELH lost all momentum.
This is not a buy for me as long as I see weakness and a lack of positive momentum here.
