$Celsius Holdings, Inc.(CELH)$ Cannot believe I am able to trade this a 3rd time this year after over 30% gains previously, this time could be even more.
Why I got bullish:
1. Largest volume in years last week; almost 3x.
2. Volume typically this high has occurred on ER as noted [Happy][Happy]
3. The entire float and more has been purchased at or below us putting a monster volume shelf below us.
4. Volume has pushed us above a rising 5 DMA
5. Back above the IPO Anchored VWAP of $33.06 [Cool][Cool]
We still have a lot of work to do give the massive double top fall and supply above. However, I like the setup going into ER. Institutional buying and retail put the bottom in last week Volume precedes price, always
Holding large position
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