A very positive outlook for CELH in the short term

$Celsius Holdings, Inc.(CELH)$ Based on the latest information available, Celsius has experienced significant positive movement in its stock price. Here are the key points:

- Stock Performance: CELH has shown a notable surge, with reports indicating a rise of over 8% in pre-market trading and confirming a major breakout. The stock continued its upward trend with an increase noted at various percentages, like 11.57% and even mentions of it being up nearly 12% on the day.

- Market Sentiment: Sentiment around CELH on platforms is described as "extremely bullish." There's a strong positive outlook among investors and traders, with some predicting further significant increases, like a potential 150% upside if certain price levels hold.

- Analyst and Investor Comments: There have been bullish notes from analysts, including a mention by Stifel about potential price increases in response to a competitor's strategy. Social media posts from X highlight positive commentary from investment and trading community members, focusing on CELH's growth potential, its breakout from a downtrend, and favorable risk/reward scenarios.

- Company Developments: While not directly quoted in the latest posts, earlier in 2024, Celsius reported strong earnings and sales growth in their Q2 results, which could still be influencing current stock performance. Additionally, there's mention of Celsius exploring new markets beyond energy drinks.

- Price Targets and Predictions: Various posts suggest high expectations, with some predicting the stock could reach $100, and others discussing its undervaluation compared to competitors like Monster Beverage.

- Recent Trends: The stock had previously suffered a significant drop from its all-time highs but recent movements suggest a strong recovery and investor confidence in its growth story.

These insights indicating a very positive outlook for CELH in the short term. However, always remember that stock market predictions are speculative, and actual future performance can vary due to numerous market factors.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.